Available
Didcot – Takeaway
1 Market Place, Didcot, Oxfordshire OX11 7LEVirtual Freehold Takeaway Investment
Price
£200,000
Rent P.A.
£16,500
Yield
8.25%
Tenure
Leasehold
Lease Term
10 Years
Years Left on Lease
4y 7m
Area
1,163 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- Let until February 2031. No breaks.
- VAT is applicable to this property. TOGC available.
- Comprises ground floor takeaway with ancillary accommodation at first floor
- Situated in the heart of Didcot town centre, prominently position on the north side of Broadway
- Occupiers nearby including Puregym, Iceland, Scrivens, Holland & Barrett, TG Jones and Subway.
Key Features
Tenure
Leasehold
VAT
VAT is Applicable
Property Description
Comprises ground floor takeaway shop with ancillary accommodation on the first floor, providing the following accommodation and dimensions:
Ground Floor: 57.3 sq m (616 sq ft)
Open plan takeaway, kitchen, storage
First Floor: 50.9 sq m (547 sq ft)
Ancillary, storage
Total GIA: 108.2 sq m (1,163 sq ft)
Ground Floor: 57.3 sq m (616 sq ft)
Open plan takeaway, kitchen, storage
First Floor: 50.9 sq m (547 sq ft)
Ancillary, storage
Total GIA: 108.2 sq m (1,163 sq ft)
Tenancy Description
The property is at present let to an Individual for a term of 10 years from 2nd February 2021 at a current rent of £16,500 per annum and the lease contains full repairing and insuring covenants. No breaks. Deposit held of £4,125 + VAT. Rent review from February 2026 outstanding.
Tenure:
Long leasehold. Held on a 999 year lease from 2026 at a ground rent of peppercorn.
Tenure:
Long leasehold. Held on a 999 year lease from 2026 at a ground rent of peppercorn.
Tenancies & Accommodation
Location Description
The property is situated in the heart of Didcot town centre, prominently position on the north side of Broadway. The property benefits from being a short walk to Didcot Parkway Railway Station and some 50 metres from The Orchard Centre, home to occupiers including Sainsbury's, Currys, Nandos, Burger King, McDonal's, Shoezone and Holland & Barrett. Other nearby occupiers include Puregym, Iceland, Scrivens, TG Jones and Subway.
