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Investment

Investment For Sale Wantage

PROPERTY ID: 140628

PROPERTY TYPE

Investment

STATUS

Available

SIZE

2,573 sq.ft

Key Features

Residential Letting Investment
Three storeys
7 en suite rooms (Use Class C1)
Currently operating as an HMO
Wantage

Property Details

<p><strong>General description</strong></p>

<p>A three-storeys x 7 en-suite rooms former guest house (Use Class C1) with a communal kitchen facility, currently operating as a House in Multiple Occupation (see Agent‘s note overleaf) for 7 occupiers (Sui generis use class).</p>

<p><strong>Location</strong></p>

<p>On the east side of Grove Street in Wantage town centre, which is the principal link between the Market Place retail area and Kings Park shopping centre.</p>

<p>Wantage is situated at the junction of the A338 and A417 in southern Oxfordshire, approximately 15 miles south west of Oxford and 6 miles west of the A34 Milton interchange near Didcot. Along with nearby Grove the town is experiencing considerable housing and population growth, which is set to continue for a number of years.</p>

<p><strong>The accommodation </strong>(all dimensions approximate)</p>

<p>On the ground floor</p>

<p>Main entrance hall – Stairs up to the first floor, doors off to</p>

<p>Room 12 – 3.67m x 3.04m (c.12‘1&rdquo x 9‘11&rdquo), hand basin, shower room</p>

<p>Room 11 – 4.44m x 3.43m (c.14‘6&rdquo x 11‘2&rdquo), hand basin, shower room and the &nbsp</p>

<p>Communal kitchen facility which is separately accessible from the yard.</p>

<p>The first floor</p>

<p>Landing – Stairs off to the second floor, doors off to</p>

<p>Room 10 – (Irregular shape) 4.83m x 3.21m (c.15‘10&rdquo x 10‘6&rdquo) a further recess 1.43m x 1.07m (c.4‘8&rdquo x</p>

<p>3‘6&rdquo) wardrobe recess & two part shower room</p>

<p>Room 9 – (L-shaped) 3.86m max x 2.62m max (c.12‘7&rdquo x 8‘7&rdquo), hand basin, shower room and .</p>

<p>Room 8 – (L-shaped) 3.93m x 1.85m (c.12‘10&rdquo x 6‘1&rdquo) wardrobe recess 1.7m x 0.86m (c. 5‘6&rdquo x 2‘9&rdquo), hand basin, shower room.</p>

<p>The second floor</p>

<p>Room 7 – (L-shaped) 3.36m x 2.13m (c.11‘1&rdquo x 6‘11&rdquo), shower room and</p>

<p>Room 6 – 3.55m x 3.09m (c.11‘7&rdquo x 7‘11&rdquo), full bathroom suite off.</p>

<p>Approx. gross area over three floors - 239sq.m/2,575sq.ft</p>

<p>Outside</p>

<p>Shared access^ to a storeroom/garage. ^With the single storey buildings to the rear.</p>

<p><strong>Price guide</strong></p>

<p>Offers in the region of £360,000 are invited for the freehold as a going concern.</p>

<p><strong>VAT</strong></p>

<p>We understand VAT is not payable in addition.</p>

<p><strong>Business Rates</strong></p>

<p>Rateable Value - £7,300 (April 2023). The Small Business Multiplier 2025/26 is x 0.499 ( £3,642.70 payable) but, as the rateable value is below £12,000 there should be £Nil rates payable by claiming Small Business Rate Relief. Please contact VWHDC directly for confirmation (contact details below).</p>

<p><strong>Service</strong><strong>s</strong></p>

<p>Mains gas, electricity, water and drainage are connected. Telephone/broadband by subscription.</p>

<p><strong>EPC rating </strong></p>

<p>D/80. Full details are available on request.</p>

<p><strong>Local planning, rating and licensing authority</strong></p>

<p>Vale of White Horse District Council, Abbey House, Abbey Close, Abingdon OX14 3SE.&nbsp</p>

<p>Tel 01235 422422&nbsp&nbsp&nbsp</p>

<p><strong>Viewing</strong></p>

<p>By prior appointment only with the sole agent Green & Co Commercial and Development Agency, during usual business hours Monday to Friday 9am-6pm. Tel. 01235 763561 (ref. OM) or email oliver.martin@greenand.co.uk</p>

<p><strong>Agent‘s notes</strong></p>

<p>1. The current owner/operator‘s HMO Licence is not transferrable. Prospective purchasers intending to continue operating these premises as a HMO must please satisfy themselves, from their own enquiries of the local authority in this respect, before offering to purchase.</p>

<p>2. The building is Grade 2 Listed and located within the designated town centre Conservation Area. &nbsp&nbsp &nbsp &nbsp &nbsp &nbsp &nbsp &nbsp &nbsp &nbsp &nbsp &nbsp &nbsp &nbsp&nbsp</p>

About the Agent

Residential letting investment at 2 Grove Street, Wantage in southern Oxfordshire.

£360,000 Freehold

2 Grove Street, Wantage, OX12 7AA
Investment - Available
2,573 sq ft
239 sqm
Show phone number

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