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8 Hollybush Row, Oxford OX1 1JH

Offers in excess of £1,000,000

Freehold development opportunity with planning permission for 7 contemporary city centre apartments

7 contemporary apartments measuring 5,169ft2

Plot size measuring approximately 10,764ft2

Prime Oxford location

Freehold

Offers in excess of £1,000,000

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.

 

Schedule

UnitTypeBedsM2FT2
Unit 1
TypeGround Floor
Beds1b2p
M252.02
FT2560
Unit 2
Type1st Floor
Beds2b3p
M268.74
FT2740
Unit 3
Type1st Floor
Beds3b4p
M289.0
FT2958
Unit 4
Type2nd Floor
Beds2b3p
M268.74
FT2740
Unit 5
Type2nd Floor
Beds3b4p
M289.0
FT2958
Unit 6
Type3rd Floor
Beds1b2p
M250.72
FT2546
Unit 7
Type3rd Floor
Beds2b3p
M261.96
FT2667
Unit
Type
Beds
M2480.21
FT25,169

Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.