With a current population of 37,000 which is set to boom over the next few years, surpassing the national average growth rate by 2027, Bicester has an over-representation of the most affluent AB and C1 social groups, making it a very attractive investment proposition. The market town is also shortly set to benefit from a £4.25m town centre regeneration fund from Cherwell District Council.
Extending to 3,568 sq ft, 25 Sheep Street is let to the undoubtable covenant of Specsavers on a new 10-year lease without break, until November 2033, at a current passing rent of £52,500 per annum.
FMX has been instructed by Glenstone REIT to sell the property for offers in excess of £830,000, reflecting a net initial yield of 6%.
Get in touch with Graham Fawcett and Patrick Kilvington to find out more details.
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