A Unique, High-Quality, Town Centre Office Investment Measuring Approx. 3,390 Sq ft NIA

Key Points

• Prime Grade II* listed Office Investment 3,390 Sq ft NIA approx.
• Single let to ULS Limited at £62,500 pax
• High-quality fit-out including air conditioning
• Mix of open plan and private offices
• Close to town centre
• New key point...

Description

The property comprises the stone-built former Lord Williams Grammar School dated 1569 with accommodation arranged over 3 floors, and a mix of open-plan Offices and smaller Meeting Rooms.

Ground floor: Reception Area, a large Main Office with vaulted ceiling to the full-height of the building, and a Meeting Room. There is also a Kitchen and 2 WCs.
First floor: 2 smaller Offices and a Server Room.
Second floor: Accommodation is partly into the roof space and comprises 1 large, and 2 small Office suites, as well as a small Meeting Room and 2 WCs.

Location

The property is located off High Street within the Conservation Area. Thame is a historic market town, around 13 miles east of the city of Oxford and 10 miles southwest of the Buckinghamshire town of Aylesbury. With easy access to London via Chiltern railways (Marylebone 41 minutes) and close to the M40 junctions 6 & 7.

Terms

The historic building is offered on a freehold basis at £900,000 excluding VAT

Lease: A 10 year lease to ULS Limited expiring 28th September 2028
Break: 29th September 2023 tenant only
Rent: £62,500 per annum plus VAT

Rates

The property lies within the rating area of SODC, according to which the rateable value is as follows:
Rateable value - £37,250
Rates payable - £18,289
Rates payable can be affected by transitional arrangements, and we would recommend that interested parties should make further enquiries for clarification.