Modern investment with range of future asset management options.
* Let to Anders Electronics PLC (who purchased the named tenant Selectronic Ltd) until April 2025
* Low passing rental of £60,000 pa (£6.33) with reversionary potential of c.£118,500 (blended rent of £12.50 psf)
* 17% site density providing development/ extension potential
* VAT not applicable to sale
Witney is an attractive and popular Oxfordshire market town, approximately 12 miles to the west of Oxford.
The town has good road communications, being on the A40 Oxford to Cheltenham trunk road. The A40 links to the A34 at Oxford, which in turn provides access to the national motorway network, leading to the M40 to the east of Oxford and the M4, to the south. The nearest mainline railway station is at Long Hanborough, five miles to the east of Witney, which provides a mainline rail connection to London and the Midlands.
The property is situated in one of the town's main commercial areas to the West of the town, being just off Range road, which links to Downs road and a new junction on the A40.
Terms & Conditions
The property is to be sold freehold subject to the lease in place.