Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Prime Wallingford town centre location with dual sided access
- Let commercial and residential character building set in one of the main streets in Wallingford offering a great development & investment opportunity
- The property offers A1 shop premises being let to a hair salon (ground floor and basement) and sweet shop (ground floor)
- To the first floor there is currently unoccupied office/storage space and to the second floor, there is a two bedroom apartment, offering potential to improve and increase the rental (truncated)
- Planning permission, now lapsed, to convert first floor into a studio and one bed apartment
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The E Class Retail premises comprising:
- Ground floor (right-hand side) and basement is currently let to a hair salon.
- tenant lease until November 2028
- current rent £16,000 per annum
- Ground floor (left-hand side) is currently let to a sweet shop
- tenant lease until August 2029
- current rent £9,100 per annum
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First floor is currently unoccupied office space and storage area. There has been a previous planning permission approved (now expired) to transform this floor into a studio flat to the rear with a 1-bedroom flat to the front. Planning reference: P10/W1371/LB
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Second Floor Flat 56b St Marys Street: A two-bedroom apartment currently let on a 12 month Assured Shorthold Tenancy from 01.10.2024 @ £1,050 pcm
EPC – D – Expires 19-03-2030
Council Tax: band B
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The tenant is responsible for paying connected utilities and council tax. The apartment is subject to Agency Management Charges.
Location
Wallingford is a thriving Thameside Saxon town with extensive facilities and a number of shops including a Waitrose supermarket, a good selection of antique shops, boutiques and specialist stores with a traditional market being held every Friday in the town square. For a small town there is a wide range of places to eat from Italian, Chinese and Indian restaurants, to traditional public houses. The town also benefits from its own excellent cinema/theatre and a sports park and leisure centre which offer the chance to join a number of well-established clubs such as cricket, rugby, football and hockey. Huntercombe Golf Club is nearby and there are delightful riverside walks and a well-established rowing club.
More extensive shopping facilities can be found at Oxford and Reading. Access to London and the national motorway network is via junction 6 or 7 of the M40 or junction 12 or 13 of the M4. There is a mainline train service from Didcot Parkway to London Paddington or from either Reading or Cholsey Station. There are schools of excellent repute in the area including Cranford House, Moulsford Preparatory and The Oratory plus a wide choice of Oxford and Abingdon schools including Abingdon School, St Helen and St Katharine, The Manor Preparatory (all served by school buses that stop in Wallingford), The Dragon, Headington, Radley and the European School in nearby Culham.
Places of interest
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Property reference HEN240188. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Ballards Estate Agents - Henley on Thames.
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Energy Performance data and Internal floor area
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