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 6m
Area
616 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 shop
- 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, providing the following accommodation and dimensions:
Ground Floor: 57.3 sq m (616 sq ft)
Open plan takeaway, kitchen, storage
Ground Floor: 57.3 sq m (616 sq ft)
Open plan takeaway, kitchen, storage
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.
