Description
The existing property is a part two, part single-storey former public house The Adventurer. Located on the eastern side of Hollybush Row, the site now benefits from planning permission to demolish the existing building to construct 2 x 3 bed, 3 x 2 bed and 2 x 1 bed apartments.
Location
The property is located in the centre of the historic city of Oxford. Known all over the world for its famous University, Oxford is also a cosmopolitan city with a mixture of traditional and modern architecture. The city centre is just 700m from the property, with its wide range of shops, restaurants, cafes and markets.
The famous Ashmolean Museum and Bodleian Libraries are a short-walk away. The Oxford Playhouse and Old Fire Station are also nearby offering year-round arts, comedy and theatre. The beautiful Cotswolds are on the doorstep and can be reached by car in under an hour.
Transport
The area is well-served by public transport. Oxford Railway Station is 300m from the property with direct trains to London Paddington and London Marylebone taking 1 hour. There are also direct trains to Birmingham, York, Newcastle and Reading from Oxford. There are various bus routes that can be picked up from the nearby Frideswide Square.
Planning Permission
The site was granted planning permission on the 15th May 2017 under the application number 16/03189/FUL for the demolition of the existing public house and construction of a four-storey building to create 7 apartments, 5 x 2 bed and 2 x 1 bed.
For further information, please contact Oxford City Council on 01865 249811.
VAT
We understand that VAT is applicable.
Viewings
Can be adequately made from the roadside in the first instance.
Tenure
Freehold.
Financial Contributions
The property is liable for an Oxford CIL of approximately £52,315.43. Before 50% of the scheme is occupied there is a financial contribution to be made to the City Council equating to 15% of the combined sales values.
Further Information
Planning documents and other related documents will be sent in the form of an information pack that can be requested from a member of the Highfield team.
Terms
Offers in excess of £1,000,000 for the freehold interest.
