- Well located mixed investment opportunity comprising commercial and residential. +
- Retail showroom and workshop. +
- Two, three bedroom houses +
- Two bedroom maisonette +
- Three bedroom maisonette. +
- £66,000 income from the residential alone and previous rent on the commercial set at £50,000. +
Description
A residential/commercial investment opportunity situated approximately a mile from the city centre which is made up of a car showroom with ancillary rear yard and workshop, together with two residential flats
Location
The property is located on Abingdon Road, the main southern route into the city of Oxford. It is
approximately a mile from city centre and is supported by a major bus route, on which the Redbridge Park and Ride has regular services.
The property falls into the Oxford 012B Neighbourhood and is within Hinksey Park ward and Oxford local authority district.
The Abingdon Road runs to the southern bypass and thereafter the A34. The Property is approximately 1.7 miles from the Oxford Train Station, which provides regular service to London, Birmingham and the South West.
The accommdation is arranged as follows:
298 Abingdon Road - A two bedroom first floor flat located over the car showroom
300 Abingdon Road - A car showroom fronting Abingdon Road and Northampton Road with workshop and rear yard
300A Abingdon Road - A two bedroom first floor flat located over the car showroom.
Additionally there is plenty of parking for both the commercial and residential elements.
Please note that the floorplan includes the two adjoining houses which are for sale separately.
Additional information.
The residential properties are let on Assured Shorthold Tenancies.
The lease has expired on the retail showroom and workshop and the current tenant is holding over at a reduced rent.
EPC's
300 Abingdon Road, Oxford, OX1 4TE 2nd March 2025 E - 118
300a Abingdon Road, Oxford, OX1 4TE (Top-floor flat) 11th April 2028 D - 67
298 Abingdon Road, Oxford, OX1 4TE (Top-floor flat) 8th April 2028 D - 64
Business rates - Rateable Value
300 Abingdon Road - £43,000 per annum
Council tax bands - residential properties
298 ABINGDON ROAD - B
300A ABINGDON ROAD - C
Flood Zone 3