Property Information
Address:
28-31 St. Ebbes Street, Oxford, Oxfordshire
, OX1 1PU
, Oxfordshire
, United Kingdom
Price: Property no longer available.
Size: SOA
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH659367
Property Ref/Agent: 6203
*Please use the agent ref when calling the agent directly.
Property description
Arguably Oxford city centre's most prime private purpose-built student accommodation (PBSA) with additional office investment.
50 en-suite bedrooms and c.6,938 sq ft (NIA) of newly refurbished commercial tech office space, in core location adjacent to the Westgate Centre and Pembroke College
Student accommodation let to Bellerbys Educational Services Ltd for a further 17 years (subject to break in 2032) with uncapped, 5 yearly compound RPI uplifts. Sublet to Oxford Tutorial College
R&D offices let to Locale Ltd for 10 years to July 2030 with no break
Office rent reflects a very low c.£26.46 per sq ft
WAULT to expiries of c.14.6 year and 11.2 years to break
Current total net income of £560,638 pa
Exceptional student market, which includes one of the most prestigious and highly ranked universities in the world
£11,000,000 / NIY 5.50%
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