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107-109 Oxford Rd
Oxford OX4 2ER

Temple Court Business Centre · Office Property For Sale · 12,543 SF

Investment Highlights

  • Perimeter trunking
  • Fitted communal kitchen
  • Double glazing

Executive Summary

Renowned for its university connections, the historic City of Oxford is a major commercial centre, offering the dual advantages of an attractive working environment and excellent communications on a local and national level. Situated just off the M40, on the junction of the A40 and A34 trunk roads, the city commands a strategic position on the national road network. Within Oxford itself, Temple Court occupies a convenient location just off Oxford Road, one of the principal arterial routes running between the South Eastern Ring Road and the city centre. Temple Court is situated within the thriving suburb of Cowley, close to ARC Oxford Business Park and offers views over playing fields to the rear.

PROPERTY FACTS Sale Pending

Unit Size 4,540 SF
No. Units 1
Total Building Size 12,543 SF
Property Type Office (Condo)
Sale Type Investment
Building Class C
Floors 3
Typical Floor Size 4,480 SF
Year Built 1981
Lot Size 0.27 AC

1 Unit Available

Unit 107

Unit Size 4,540 SF
Condo Use Office
Sale Type Investment
Tenure Freehold
Cap Rate 3.97%
NOI $96,063.78 CAD
Description

The property comprises a modern, three-storey office building, subdivided internally so as to provide twelve individual office suites, with communal WC and kitchen facilities.

Sale Notes

The freehold interest is available for sale at a price of £1,350,000 exclusive, subject to the tenancies detailed on the attached schedule.

The investment currently generates a rental income of £53,543.90 pa but has the potential to produce a rent roll in the order of £115,000 pa when fully let, reflecting a gross reversionary yield of 8.5%.

Amenities

  • Fenced Lot
  • Security System
  • Kitchen
  • Accent Lighting
  • Energy Performance Rating - C
  • Central Heating
  • Fully Carpeted
  • Perimeter Trunking
  • Listing ID: 31508776

  • Date on Market: 2024-04-15

  • Last Updated:

  • Address: 107-109 Oxford Rd, Oxford OX4 2ER

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