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Slade Park, Horspath Driftway, Oxford, OX3 7FJ
not specified / Other
Withdrawn - Last updated: 12 April 2023
- Unique opportunity to purchase a high quality student accommodation investment in the prestigious City of Oxford - Slade Park comprises 374 en-suite student bed spaces arranged as cluster flats and studio apartments. - Nomination Agreement with Oxford Brookes University expiring in 2034 with break options in years 15 and 20. - Nomination Agreement provides for an income guarantee expiring 31 August 2015 and subject to annual RPI uplifts to RPI+1% with a collar and cap of 2% and 5%. - 5 year summer income guarantee expiring at the end of the 2015 summer period. - Summer guarantee subject to RPI+1% uplifts with a collar and cap of 2% and 4%. - Accommodation 100% let since completion in 2010. - Currently managed by CRM. - Oxford’s restrictive planning regime and high land values limits the development of further purpose built student halls in the City.We are seeking offers in excess of £30,500,000 for the freehold interest.
Location
Slade Park, Horspath Driftway, Oxford , OX3 7FJ, Oxfordshire, South East
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