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Other

Other For Sale Faringdon

PROPERTY ID: 120165

PROPERTY TYPE

Other

STATUS

Available

SIZE

1,658 sq.ft

Key Features

Multi Purpose
Town Centre
Business Premises
Arranged over four floors
With period features
Use Class E Commercial, Business & Service
Was a licensed restaurant

Property Details

General description

If &ldquoquirky and interesting&rdquo compliments your business style then this building in Faringdon‘s town centre is what you need. Arranged over four floors, with period features dating from the 1600‘s (says Historic England) it is offset by modernity most needed and Use Class E Commercial, Business & Service allows for a variety of re-purposing uses without planning consent but, probably most suited to the former A1 to A3 retail uses by it was last, and for several years before, as a licensed restaurant.                    

Location

Faringdon is a growing town located in affluent southwest Oxfordshire, immediately north of the A420 Oxford/Swindon road at its junction with the A417 for Wantage, approximately 9 miles north east of Swindon and 16 miles southwest of Oxford.   

The building is located on the northern side of Market Place in the middle of the town centre shopping area, to the right of Morrison‘s Daily/the Post Office. P0st code - SN7 7HU.

Accommodation (all dimensions approximate – some spaces are of irregular shape)

Ground floor – Initially 5.78m x 4.90m 28.32sq.m/305sq.ft leading to an inner lobby (2.92m x 1.89m) with stairs off and then two further spaces - 3.55m x 1.33m 4.72sq.m/51sq.ft (with a door off to the small yard) and 2.62m x 1.87m 4.90Sq.m/53sq.ft.

First floor (see photo above) – 5.59m x 5.15m 28.79sq.m/310sq.ft with two raised recesses off (2.66m x 1.44m and 2.34m x 1.34m) and steps off leading to the&hellip

Kitchen (in two parts, see photo overleaf) - 5.25m x 2.01m 10.55sq.m/114sq.ft and 3.52m x 1.33m 4.68sq.m/50sq.ft.

Second floor (see photo overleaf) – 4.06m x 2.41m 9.78sq.m/105sq.ft plus 3.31m x 2.77m/ 9.17sq.m/99sq.ft – I said it was quirky! - with an inner lobby off leading to a unisex WC.

Third floor – A landing area with storage and a bathroom with WC, door off to a further room 4.02m x 3.25m net 13.06sq.m/141sq.ft (allowing for partially restricted head height).

Price guide and terms

Unconditional offers in the region of £179,5oo are invited for the (two) freehold interests.

Business Rates

Rateable Value (RV) £5,000 (April 2023). Small Business Rate Multiplier for 2023/24 is x 0.499 ( £2,495.00 payable. But, as the RV is below £12,000 Small Business Rate Relief should be claimable meaning £Nil payable. Please contact VWHDC directly for confirmation.

VAT

We understand that VAT is not payable in addition to the purchase price.

Utility services

All mains services are connected. Telephone/broadband by purchaser‘s own subscription.

Energy Rating

A very good B/49. Full details available on request.  

Local planning and rating authority

Vale of White Horse District Council 

Abbey House, Abbey Close, Abingdon OX14 4SE

Tel 01235 422422   

Viewing

By prior arrangement with the sole selling agent, Green & Co Commercial and Development Agency, Monday to Friday only between 9am and 6pm. Tel. 01235 763561 ref. RH or email robin.heath@greenand.co.uk

Agent‘s notes

  1. The building is Grade 2 Listed and located in the designated Conservation Area.
  2. There is a partly concealed staircase off the initial ground floor area which could supplant the existing to the first floor if required or, probably better, removed altogether (subject Listed Building consent).
  3. There is a gated, limited right of way to the rear yard to the right of the frontage.
  4. We are informed the Premises Licence allows the sale of alcohol and provision of recorded music between 11am and 12midnight Monday to Saturday, and 12noon to 11.30pm on Sundays.     

Compliance with the UK‘s Money Laundering Regulations 2017 requires all offers to purchase to be verified regarding the source of funds and the identity of the ultimate

About the Agent

Multi-purpose town centre business premises

£179,500 Freehold

23 Market Place, Faringdon, SN7 7HU
Other - Available
1,658 sq ft
154 sqm
Show phone number

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