High Street, Shrivenham, Swindon, SN6

£265,000

Guide price

An INVESTMENT OPPORTUNITY to purchase a prominently positioned multi-use property with ground floor Post Office/retail and 1st & 2nd floor (rented) apartment in the heart of Shrivenham, near Swindon.

THE PROPERTY

The property comprises a terraced Retail Shop/Post Office along with a 2-storey apartment with separate entrance.

This building has a double frontage set back off the High Street with a separate entrance into the apartment above. The rear is accessed from an alleyway that runs behind various properties.

The property is not listed and sits on Shrivenham High Street.

The flat was totally refurbished 2 years ago with all walls and ceiling being re-plastered, a new kitchen and bathroom fitted, together with a new fuse box and smoke alarm system.

The refurbishment included a complete renewal of the plumbing with removal of old asbestos waste stacks and fitting of modern uPVC drainage.

The Post Office was also substantially refurbished a few years ago by Post Office Ltd as a destination Post Office for the Vale area.

The Retail Shop/Post Office:

Ground Floor: Retail Shop/Post Office has an High Street entrance and leads into the shop with a large servery area acting as the Post Office counter. To the rear is a W.C and small servery area.

1st Floor: Accessed via a separate entrance and offers:

Kitchen/Diner / Lounge / W.C & Utility

2nd Floor: Double Bedroom / Double Bedroom / Bathroom

External: To the rear accessed by an alleyway is a courtyard area along with a rear storage shed.

VIEWINGS

The general location of the property can be viewed during normal daylight hours.

All formal viewings must be arranged with Perry Bishop & Chambers Commercial Department on 01285 646770 or commercial@perrybishop.co.uk

LOCATION

The property is located on High St, Shrivenham, Oxfordshire.

Shrivenham is a very pleasant village set in the Vale of White Horse area of Oxfordshire. The village is located about 5 miles southwest of Faringdon and 7 miles northeast of Swindon and according to the 2011 census had a population of 2,347. The village is full of character with a range of lovely cottages, many thatched and a good range of amenities including a Primary School and Golf Club.

Shrivenham is a village with a thriving high street and benefits from the presence of The Cranfield University Campus with a regular turnover of Students and Officers from all over the world.

SERVICES AND TENURE

We are informed the vendors enjoy freehold title.

The property is currently occupied, the Post Office is secured on a lease with approx. 8.5 years remaining and a current rent of £4392 per annum (a copy of the lease is available on request). The apartment is also occupied and achieves a rental income of £8700 per annum. We can confirm that this property is an investment and does not offer vacant possession.

We are informed that mains services are connected to the building including electric and water. Heating is via the electric. Interested parties should address any specific enquiries to the relevant service providers.

TOWN AND COUNTRY PLANNING

The property has mixed usage and is categorized as Class E Business Use on the Ground Floor and Residential on the 1st and 2nd floors.

METHOD OF SALE

Private Treaty

Arrange viewing 01285 238859

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