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St. Marys Street, Oxfordshire OX10 Terraced house for sale
St. Marys Street, Wallingford, Oxfordshire, OX10
£650,000
St. Marys Street, Wallingford, Oxfordshire, OX10
£650,000
Our Summary
- A rare opportunity to purchase a freehold town centre commercial building, with planning permission to create 4 x 1-bedroom apartments, located in one of the main shopping streets in Wallingford
- - Planning permission granted 29th November 2024 for change of use of first and second floor from commercial use (Class E) to four x 1 bed residential apartments (Class C3)
- Let commercial character-building set in one of the main streets in Wallingford offering a great development & investment opportunity
- Let commercial character-building set in one of the main streets in Wallingford offering a great development & investment opportunity
- Planning permission granted 29th November 2024 for change of use of first and second floor from commercial use (Class E) to four x 1 bed residential apartments (Class C3)
Description
This rare opportunity presents a freehold town centre commercial building in Wallingford's main shopping street, with planning permission to convert the first and second floors into four 1-bedroom apartments. The property currently generates a total passing rent of £36,500 + VAT from three separate leases, with one lease expiring in 2027 and another having a landlord development break option in 2027. The building is not listed and is situated within the Wallingford conservation area. The town offers a range of amenities, including shops, restaurants, and leisure facilities, with more extensive shopping and transportation options available in nearby Oxford and Reading. The property has an EPC rating of D.