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228-240 Banbury Rd
Oxford OX2 7HN

Retail Property For Sale

Investment Highlights

  • The property is situated in a prime position in Summertown, a highly affluent suburb of Oxford, approximately 1.8 miles north of the city centre.
  • Potential for conversion to valuable alternative uses
  • The extensive upper floors have been managed towards vacant possession, providing the purchaser with the optionality of refurbishment

Executive Summary

We are instructed to seek offers in excess of £5,100,000 (Five Million, One Hundred Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level would reflect the following, after the deduction of standard purchaser’s costs:
7.00 NIY
Upper floors (NIA) £150.00 psf

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
17,675 SF
Building Class
B
Year Built
1956
Price
$9,061,624 CAD
Price Per SF
$513 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
1.04
Lot Size
0.39 AC
Frontage
138 ft on Banbury Rd

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Air Conditioning
  • Listing ID: 32472750

  • Date on Market: 2024-07-16

  • Last Updated:

  • Address: 228-240 Banbury Rd, Oxford OX2 7HN

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