St. Marys Street, Wallingford, Oxfordshire, OX10

Investment opportunity to purchase a freehold mixed-use property of commercial and residential (2x commercial, 1x two-bedroom apartment & office/storage area that has had previous planning permission granted to create a studio and one bedroom apartment).

A rare opportunity to purchase a freehold town centre commercial and residential building located in one of the main shopping streets in Wallingford.

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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.