Investment.

Oxford.

3 Cornmarket Street, OX1 3EX

Map View

Status.

Sold on 01/12/2012

Accommodation.

Floor
Frontage (Gross) 22 sq ft 2.06 sq m
Ground Retail 2,647 sq ft 246.00 sq m
First Ancillary 1,676 sq ft 155.76 sq m
Second Ancillary 1,177 sq ft 109.39 sq m
First (sub-let) 432 sq ft 40.15 sq m
Second (sub-let) 459 sq ft 42.66 sq m
Third (sub-let) 481 sq ft 44.70 sq m

Price.

£5,900,000 (Subject to Contract)

Location.

The attractive premises comprise a substantial Grade II* listed period building arranged over ground, basement (un-used with limited access)and three upper floors. The ground, part 1st and 2nd floors are utilised by Republic predominantly for retail with ancillary storage The remaining and front section of the first floor is used as a bookmaker (Betfred) and the second and third floors are fitted out as office accommodation.These areas have a separate ground floor entrance from Cornmarket Street. The property was originally constructed in the 16th century with the current facade an 18th century addition. The property was substantially reconstructed and extended in the early 1930’s and is located within the City Centre Conservation Area.

Description.

Oxford is a historic, internationally renowned university city and the premier retail, tourist and administrative centre for Oxfordshire. The city is located circa 90 km (56 miles) north-west of central London, 42 km (26 miles) north of Reading and 74 km (46 miles) south-west of Milton Keynes. 

Road and public transport communications are excellent. The town is situated close to the A40 (Dual Carriageway) which affords direct access to the M40 (J8) some 8 km (5 miles) o the east of the A34 (Dual Carriageway) connects with J13 of the M4 at Chieveley some 39 km (24.5 miles) to the south. The city also benefits from regular rail services to London Paddington with a fastest journey time of approximately 55 minutes and by coach the Oxford Tube provides a 24 hour bus service to London (Victoria coach station) with a journey time of circa 100 minutes. 

Rent.

£312,000.00 per annum exclusive

Tenant(s).

Republic

Tenure.

Lease

Yield.

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson