5892 sq. ft (547.36 m²)
Key features
- The entire building is let to Downtree Pub 1 Ltd as guaranteed by Upham Group Limited who trade from 28 sites nationally
- 14 Years Unexpired Term
- Net Initial Yield of 5.35% assuming purchasers normal purchaser’s costs
- Wallingford has 20% Higher and Intermediate managerial, administrative or professional households than the national average.
Description
Wallingford is an attractive historic market town situated on the west bank of the River Thames at the foot of the Chilterns in south Oxfordshire approximately 10 miles north west of Reading, 10 miles south east of Oxford and 45 miles west of London. The principally residential town has an affluent resident population of less than 11,600 (2011 Census) with a much wider catchment area.
Wallingford is served by the A4130 and a number of B-roads which provide local connections and links to the A34 some five miles to the west. The nearest train stations are Cholsey and Didcot Partway which both offer GWR services to London Paddington. Junction 7 of the M40 motorway is about 10 miles to the north-west of Wallingford.
The Former Post Office is situated in the heart of the town centre on the western side of St Martin’s Street which forms part of the central Market Place Square and is situated at the junction with Church Lane directly opposite St Mary-le-More, the central church in the heart of Wallingford. St Martin’s Street provides access to Market Place, the main bus drop-off and pick-up area.
Nearby occupiers include BOOTS, PIZZA EXPRESS, GREGGS and COSTA. There is a modern WAITROSE approximately 150 metres to the north. The River Thames is only a short walk from the property.
The property has an attractive facade, being a former Post Office building dating from the early 20th Century which has been extended to the rear.
The original two storey building over basement is of solid brick construction under a pitched plain tiled roof. The ground floor frontage has a central double door entrance with large decorative and painted stone surround. To the rear there is a single storey extension also of brick construction under a part pitched and part flat roof.
To the front of the building the pavement area provides external seating, to the north side of the building is a small external seating terrace.
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