Offers over
£250,000
(£117.43/sq. ft)
Retail premises for sale8-10 Cornmarket, Faringdon SN7
2,129 sq. ft
Just added
Freehold
About this property
Mixed-use investment property
Two Retail units with two residential apartments
Potential gross income of £33,300 per annum
Prominent central location
Description
This freehold mixed-use asset comprises two ground floor retail units with two self-contained flats above, currently producing £33,300 per annum. Situated in the heart of Faringdon's historic market square.
The property comprises a substantial three-storey building arranged to provide two ground floor retail units. The upper floors consist of two self-contained residential flats (one 1-bedroom and one 2-bedroom). The site also benefits from a small rear yard and separate rear access for the residential accommodation.
Location
Faringdon is a historic market town strategically positioned between Oxford (18 miles) and Swindon (12 miles). The town is served by the A420, providing direct access to the A34 and M4 Motorway. Local occupiers include Waitrose, Tesco, and Costa Coffee, alongside a range of independent businesses.
Viewings
Strictly by appointment with Chaston Conway
Terms
We are instructed to seek unconditional offers in excess of £250,000 for the Freehold Interest.
EPC
8 Cornmarket has an EPC rating of D, expiring on 6th December 2028.
9-10 Cornmarket has an EPC rating of C, expiring on 20th February 2036.
8a Cornmarket has an EPC rating of D, expiring on 11th February 2030.
9a Cornmarket has an EPC rating of D, expiring on 10th December 2028.
Business Rates And Council Tax
8 Cornmarket has a rateable value of £6,100, based on the ratings list from 1st April 2026.
9-10 Cornmarket has a rateable value of £7,800, based on the ratings list from 1st April 2026.
8a Cornmarket is in Council Tax band B.
9a Cornmarket is in Council Tax band B.
Tenure
The Freehold interest is available and will be subject to the following tenancies:
8 Cornmarket let to Pogo Tattoo for £6,000pa. On a lease expiring on 28/02/2028.
9-10 Cornmarket let to Istanbul Barbers for £7,500pa. On a lease expiring on 21/11/2026.
8a Cornmarket (1-bed) let to a residential tenant for £8,700pa. On an Assured Shorthold Tenancy expiring on 16/04/2026 (likely to renew).
9a Cornmarket (2-bed) currently vacant, previous tenant paying £11,100pa.
The leases of 8 and 9-10 Cornmarket are excluded from s.24-28 part II of the Landlord and Tenant Act 1954.
VAT
We understand the property is not elected for VAT.
This freehold mixed-use asset comprises two ground floor retail units with two self-contained flats above, currently producing £33,300 per annum. Situated in the heart of Faringdon's historic market square.
The property comprises a substantial three-storey building arranged to provide two ground floor retail units. The upper floors consist of two self-contained residential flats (one 1-bedroom and one 2-bedroom). The site also benefits from a small rear yard and separate rear access for the residential accommodation.
Location
Faringdon is a historic market town strategically positioned between Oxford (18 miles) and Swindon (12 miles). The town is served by the A420, providing direct access to the A34 and M4 Motorway. Local occupiers include Waitrose, Tesco, and Costa Coffee, alongside a range of independent businesses.
Viewings
Strictly by appointment with Chaston Conway
Terms
We are instructed to seek unconditional offers in excess of £250,000 for the Freehold Interest.
EPC
8 Cornmarket has an EPC rating of D, expiring on 6th December 2028.
9-10 Cornmarket has an EPC rating of C, expiring on 20th February 2036.
8a Cornmarket has an EPC rating of D, expiring on 11th February 2030.
9a Cornmarket has an EPC rating of D, expiring on 10th December 2028.
Business Rates And Council Tax
8 Cornmarket has a rateable value of £6,100, based on the ratings list from 1st April 2026.
9-10 Cornmarket has a rateable value of £7,800, based on the ratings list from 1st April 2026.
8a Cornmarket is in Council Tax band B.
9a Cornmarket is in Council Tax band B.
Tenure
The Freehold interest is available and will be subject to the following tenancies:
8 Cornmarket let to Pogo Tattoo for £6,000pa. On a lease expiring on 28/02/2028.
9-10 Cornmarket let to Istanbul Barbers for £7,500pa. On a lease expiring on 21/11/2026.
8a Cornmarket (1-bed) let to a residential tenant for £8,700pa. On an Assured Shorthold Tenancy expiring on 16/04/2026 (likely to renew).
9a Cornmarket (2-bed) currently vacant, previous tenant paying £11,100pa.
The leases of 8 and 9-10 Cornmarket are excluded from s.24-28 part II of the Landlord and Tenant Act 1954.
VAT
We understand the property is not elected for VAT.
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Monthly repayment
£1,250 per month
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