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St. Marys Street, Oxfordshire OX10 Terraced house for sale
St. Marys Street, Wallingford, Oxfordshire, OX10
£350,000
St. Marys Street, Wallingford, Oxfordshire, OX10
£350,000
Our Summary
- A rare opportunity to purchase a town centre commercial building, with planning permission to create 2 x 1-bedroom apartments, located in one of the main shopping streets in Wallingford
- *- 53A St Mary's Street = 5-year lease expiring Jan 2027, passing rent £18,500 + VAT (the lease is outside the Landlord and Tenant Act 1954)- Total passing rent = £18,500 + VAT- Planning permission granted 29th November 2024 for change of use of first and second floor from commercial use (Class E) to two 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 two x 1 bed residential apartments (Class C3)
Description
This rare opportunity presents a town centre commercial building in Wallingford, with planning permission to convert the first and second floors into two 1-bedroom apartments. The property, located on St Mary's Street, is available for purchase with a 5-year lease expiring in January 2027, with a passing rent of £18,500 plus VAT. The proposed apartments will range in size from 42m2 to 44m2 and are situated within the Wallingford conservation area. The property is not listed and has an EPC rating of D. Wallingford is a thriving Thameside town with a range of shops, restaurants, and amenities, including a cinema, theatre, and sports park. The town is also well-connected to Oxford, Reading, and London, with regular train services and easy access to the national motorway network.