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11 London Street, Faringdon (Retail Unit)

per annum £7,500
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Under Offer

LOCATION

Faringdon lies adjacent to the A420 between Oxford (19 miles) and Swindon (11 miles) in the county of Oxfordshire. The market town has excellent amenities and is a growing town with a current population of around 10,000.

DESCRIPTION

The shop is situated in London Street, which is a recognised retail area in Faringdon.  The property has a fully glazed frontage to London Street with two glazed doors, a timber effect laminate floor, plastered walls and a suspended ceiling with recessed lights.  In addition, there are a number of spotlights situated in the centre of the shop window.  To the rear is a useful store, and also a toilet with a WC and washbasin, plus a storage area containing a safe. 

ACCOMMODATION

Frontage – 7.52m  (24ft 8ins)

Depth – 4.82m  (15ft 10ins)

Retail Area – 36.25sq.m  (390sq.ft)

Store – 5.64sq.m  (61sq. ft)

Storage Area – 1.73sq.m  (19sq.ft)

SERVICES

The property is connected to mains electricity, drainage and water.

TENURE

A new FRI lease, for a term to be agreed.

RATEABLE VALUE

We understand the property has a Rateable Value of £4,750 in the 2017 Rating List.  This property may benefit from Small Business Relief.  Enquiries should be made to the Local Authority.

LOCAL AUTHORITY

Vale of White Horse District Council, Abbey House, Abingdon OX14 3JN. Tel 01235 520202.

LEGAL FEES

East party to meet their own legal fees.

RESERVATION DEPOSIT

The prospective lessee will pay a reservation deposit of £500 upon agreeing to take a lease.  This will be refunded at completion.  If the prospective lessee withdraws from the transaction for any reason, the lessor’s costs (agent and solicitor) will be deducted from the deposit and the balance, if any, will be refunded.

VIEWING

Strictly by appointment with the Agents.

No floorplans available.

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Our Marriotts office in Faringdon is now back open and we are able to carry out valuations, viewings and site meetings by appointment, following strict government guidelines for the safety and protection of all parties.  Interest in properties has remained high throughout the shutdown, and we now find there is even more interest in both residential and commercial sales and lettings.

 

If we can be of any assistance, please call our office in the first instance, on 01367 242422, or alternatively you can call Andrew Brown on 07971 410312 or Juliet Souter on 07770 640080