274 Banbury Road, Oxford

Categories: Offices, Retail/Shopping Centres

274 Banbury Road, Oxford is a very prominent mixed use office and retail investment providing 20,000 sq ft of ground floor retail accommodation with three floors of recently refurbished office accommodation above. It is let to seven tenants producing a combined rent of circa £435,000 pa, with an average unexpired term of over five years.

Located in the affluent Oxford suburb of Summertown, it was purchased from a consortium of private investors for £4.77m, reflecting a NIY of 8.6%