Commercial Property
Investment property for sale, subject to current lease
Period terraced property in prime High Street location
Tenant's business not affected
Guide Price £250,000
PROPERTY DESCRIPTION
The Property
Pretty period Grade II Listed former stone cottage
Now let as a coffee shop with living accommodation on the upper floors used as an Air BnB
Currently trading as Martha’s Coffee House
Rear courtyard, outside store, and pedestrian right of way to Hospital Road to the west
Shared entrance lobby with adjoining cottage
Adjoining property has a flying freehold above the ground floor shared entrance
Outgoings
Rateable Value - £13,500.
Lease Terms
Date: 4th May 2012
Term: 15 years from 4th May 2012, expiring on 3rd May 2027.
Rent: £14,000 pa payable quarterly in advance
Rent Reviews: Every three years
Repair: Fully repairing – tenant to repair and keep the whole building in good repair
Insurance: Tenant to refund buildings insurance premium
Landlord & Tenant Act 1954: The renewal provisions are excluded
Lease
A copy of the lease is available for inspection at the Agent’s office, or can be sent to interested parties by email
Directions
The property will be found on the west side of the high street, next to Cotswold Grey
what3words: blissful.puts.magpie
Services
Main water, electricity and drainage are connected
Night storage heating
Average broadband speed within this postcode up to 72.5 Mbps
Tenure and Possession
Freehold, subject to existing lease
Viewing
Strictly by appointment only with the sole selling agents
SITUATION
Attractive bustling north Cotswold market town situated near the borders of Oxfordshire and Warwickshire
Comprehensive facilities including GP Surgeries, hospital, dentist, bank, restaurants, public houses, range of shops, supermarkets and popular Tuesday market
Mainline station with train services reaching Oxford (from 40 minutes) and Paddington (from 92)
Other towns within easy reach are Stratford-upon-Avon (16 miles), Cheltenham (23) and Oxford (27)
Hayman-Joyce
