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Co-op Food, Busy Bees Nursery, Domino’s, 4 Shops & 9 Flats, Bicester

Kingsmere Centre, Bicester OX26 1BX, UK

Basic Facts

Property ID: 12719 Post Updated: 2021-02-08 16:07:45
Status: Type:
Tenure: Freehold Area: 22043 sq ft
Lease Term Expiry Date: 08/09/20 Years left on Lease: -3.6
VAT applicable: Yes

Property Description

  • Purpose Built Freehold Retail Parade and Residential Investment.
  • Forming part of Kingsmere Village Centre, including a convenience store, local shops and day nursery supporting the new garden village of Kingsmere, a collection of several hundred new homes, parks, play areas, new schools, a retail park and a sports village.

Tenancy & Accommodation

  • 6 units comprising 13,882 sq.ft. of retail space are let for a total of £263,359 p.a.
  • This includes Co-op Food on a 20 year lease and Busy Bees Nurseries on a 25 year lease (no breaks).
  • The 9 flats comprise a further 8,161 sq.ft. and are let on ASTs at a rent level available on request.

Location Description

  • Situated just 3 miles from junction 9 of the M40 and 12 miles from Oxford, Kingsmere is ideally located, providing easy access to London, the midlands and the south coast.
  • It is central to a host of road networks and is approximately one hour north of London and one hour south of Birmingham.
  • Bicester is an historic market centre and one of the fastest growing towns in Oxfordshire and also home to the well known Bicester Shopping Outlet.

Features

Above £5m
Attractive property
Blue-chip tenant
Customer car parking
Finance available
Freehold
Large plot
Lease term > 15 years
Minimum Rental Uplifts
Residential element
Tenant Multiple

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Current Opportunities

Current Opportunity

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