The premises are situated in a busy location on the High Street close to the junction with Turl Street in an area with various independent shops and restaurants. Adjacent to Shoe Embassy and near to Space NK, Sweaty Betty and Shepherd and Woodward and the proposed Ivy Brasserie.
The premises are available on a new internal repairing and insuring lease for a term of 10 years. Consideration may be given to an initial period of occupation with then an option to take up a new lease.
£37,500 per annum, exclusive of business rates and VAT, payable quarterly in advance and subject to upward review at the end of the fifth year.
The Valuation Office Agency assessment on their website (www.voa.gov.uk) is as follows:
RV (2017) £34,000
However, interested parties are advised to make their own enquiries of Oxford City Council.
Each party to be responsible for their own costs incurred in the transaction.
All figures are exclusive of VAT.
The premises comprise ground floor sales and basement storage/kitchen with the following approximate dimensions/areas:
Built Frontage 14 ft 2 in 4.33 m
Internal width 13 ft 10 in 4.23 m to 3.97m
Built depth 48 ft 4 in 14.74 m
Ground floor sales 593 sq ft 55.09 sq m
Ground floor WC
Basement Storage/staff 124 sq ft 11.52 sq m
The tenant is responsible for the repair and redecoration of the shop front but the Landlord is responsible for the structure.
As a Listed Building there is no requirement for an EPC.