St. Marys Street, Oxfordshire OX10 2 bed terraced house for sale

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St. Marys Street, Oxfordshire OX10 2 bed terraced house for sale

St. Marys Street, Oxfordshire OX10
£650,000

Our Summary

  • There has been a previous planning permission approved (now expired) to transform this floor into a studio flat to the rear with a 1-bedroom flat to the front
  • Planning reference: P10/W1371/LB*Second Floor Flat 56b St Marys Street: A two-bedroom apartment currently let on a 12 month Assured Shorthold Tenancy from 01
  • Let commercial and residential character-building set in one of the main streets in Wallingford offering a great development & investment opportunity
  • Let commercial and residential character-building set in one of the main streets in Wallingford offering a great development & investment opportunity
  • Planning permission, now lapsed, to convert first floor into a studio and one bed apartment
  • To the first floor there is currently unoccupied office/storage space and to the second floor, there is a two-bedroom apartment, offering potential to improve and increase the rental (truncated)

Description

This rare opportunity presents a freehold town centre commercial and residential building in Wallingford's main shopping street. The property features E-Class retail premises on the ground floor, currently let to a hair salon and a sweet shop, with leases until 2028 and 2029, respectively. The first floor is currently unoccupied office space and storage area, with a previous planning permission approved to convert it into a studio flat. The second floor is a two-bedroom apartment, currently let on an Assured Shorthold Tenancy. The property benefits from a central location in Wallingford, a thriving Thameside town with a range of shops, restaurants, and leisure facilities. The town is also close to Oxford and Reading, with access to London and the national motorway network via nearby junctions.