294 - 300 Abingdon Road OX1

7,814 sq ft (725.9 sq m)

A PRIME MIXED USE INVESTMENT OPPORTUNITY

Situated on one of the main routes into central Oxford comprising a retail showroom with extensive forecourt parking and a workshop, two houses and two flats.

* £66,780 pa current rental income from the residential element.
* Potential to redevelop (subject to consents)
* Commercial lease has expired and tenant is holding over at a reduced rent. Passing rent was £50,000 pa.
* Additionally there is plenty of parking for both the commercial and residential elements

Location

The property is located on Abingdon Road, the main southern route into the city of Oxford. It is approximately a mile from the city centre and is supported by a major bus route, on which the Redbridge Park and Ride has regular services.

The property falls into the Oxford 012B Neighbourhood and is within Hinksey Park ward and Oxford local authority district.

The Abingdon Road runs to the southern bypass and thereafter the A34. The property is approximately 1.7 miles from Oxford train station, which provides regular service to London, Birmingham and the South West.