£535,000

Office for sale

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Freehold

£535,000

(£188.18/sq. ft)

Office for sale

Wenrisc House, 4 Meadow Court, High Street, Witney OX28

2,843 sq. ft

Local area information

Property location

Nearby amenities

  • The Batt Church of England Voluntary Aided Primary School 0.2 miles
  • St Mary's Church of England Controlled Infant School 0.3 miles
  • Finstock 4.6 miles
  • Combe (Oxon) 5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Witney to find out more about the local area.

Features and description

  • Freehold
  • Multi-let office building
  • Would suit an investor or owner occupier
  • Central location
  • Private car park
  • Passing rent of £41,000 per annum (at the time of publication)
  • Erv in excess of £50,000 per annum
  • Opportunities for asset management
Description

The property comprises a link detached 2 storey office building comprising a total floor area of 2,843 sq ft (264.12 sq m) in a site of 0.12 acres (0.05 ha). The property is constructed of Cotswold stone, under a pitched tile roof which was built in the 1980s. A private car park to the North of the building provides 10 car parking spaces.

The property has been sub-divided into four suites and at the time of writing is let to three tenants. The accommodation is finished to a good specification, including painted plastered walls, carpeted floors, solid ceilings with strip lighting, and perimeter trunking for services with small kitchenette.

The central core provides access the shared disabled WC and staircase leading to the first floor lobby that benefits from two further shared WC facilities.
The first floor is arranged into two wings, broadly replicating the specification of the ground floor. The right wing comprises three partitioned offices and a small kitchenette. The left wing is more open plan, with one meeting room/private office and is of an enhanced specification, having a refurbished kitchen and air-conditioning.

Location

The property is located in Witney, an attractive and growing market town located 12 miles (19.31km) west of Oxford. The town has good transport links, being situated on the A40 which provides direct access to the A34 that links to M40 (north) and M4 (south) providing access to the national motorway network.

The property is located within Meadow Court, a small office and residential complex on the west side of High Street in central Witney.

Viewings

The property is available to view by appointment with the sole selling agents.

Terms

We are offering for sale the freehold interest in Wenrisc House at a guide price of £535,000.

Lease Summaries

The property is an income producing asset let to three tenants. We have summarised the key terms below:

Ground Floor Suites
Tenant: Cse Education Systems Ltd
Term: Tenant has given notice to vacate in July 2026
Rent: £18,000pa
Repairs: Effective Fri
Security of Tenure: Outside the Landlord & Tenant Act 1954 provisions

First Floor South
Tenant: Covenant Management Ltd
Term: Six year term expiring 2028 (assumed 1st July 2028)
Rent: £7,500 per annum
Rent Review: 2025 - not actioned.
Repairs: Effective Fri
Security of Tenure: Outside the Landlord & Tenant Act 1954 provisions

First Floor North
Tenant: Racco Great Britain Ltd
Term: Three year term expiring 01/01/2028
Break Option: The break notice has been served and will take effect in May 2026
Rent: £15,500 per annum
Security of Tenure: Outside the Landlord & Tenant Act 1954 provisions

More information

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  1. Zoopla
  2. Commercial for sale
  3. Oxfordshire
  4. Witney
  5. High Street