Property Information
Address:
11 New Road, Oxford
, OX1 1LT
Price: Property no longer available.
Size: 436 sq ft40 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH358841
Property Ref/Agent: 11 New Road, Oxford, OX1 1LT
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
The property is situated on the corner of New Road and Bulwarks Lane opposite the offices of Oxford County Council and close to the Westgate Shopping Centre. This location enjoys considerable pedestrian footfall with the nearby attractions of Oxford Castle and the Malmaison Hotel development.
DESCRIPTION
The property comprises a lock up retail unit fronting New Road with a return frontage to Bulwarks Lane. The unit has a net internal floor area of approximately 436 sq. ft. (40.50 sq. m.).
PROPOSAL
The unit has been trading since 2006 as Castle News selling a broad range of newspapers, tobacco, stationary, magazines, confectionary and tourist items.
The current proprietor of the business wishes to sell the business as a going concern and Accounts can be provided to show relevant turnover and profit figures.
We are instructed to seek offers of £150,000, subject to contract, for the benefit of the business and any fixtures and fittings associated with the business.
ACCOMMODATION
Ground Floor 436 sq. ft. approximately
LEASE
The property is available on a new sub-lease for a term by arrangement, subject to periodic rent review.
RENT
£60,000 per annum exclusive.
POSSESSION
To be given upon completion of legal formalities.
LEGAL COSTS
Each party to be responsible for their own legal costs involved in the transaction.
;