Auction House Online · 3 Nov 2026 · in 15 days
Detached Freehold Investment A detached restaurant situated in the village of West Hanney, near Wantage.
New Hanney Spice (formerly The Lamb Inn) School Road, Wantage, Oxfordshire, OX12 0LA · South East
LiveLeisureFreeholdLet
- Guide
- £350,000
- Rent a year
- £32,400
- Yield on the guide
- 9.3%
- Payback
- 11 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 17 Jan 2025 (certificate 2586-4196-4100-3679-2669). Meets today's minimum for letting commercial property in England and Wales (E or better).
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Create an accountHistory
- First listed on Cornerlot 17 Oct 2026.
Auction House Online's record
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Create an accountAbout the lot
Freehold leisure lot in Wantage. Producing £32,400 a year, a 9.3% gross yield at the guide.
Lot -. Detached Freehold Investment A detached restaurant situated in the village of West Hanney, near Wantage. Detached Freehold Investment A detached restaurant situated in the village of West Hanney, near Wantage. The accommodation comprises a ground-floor restaurant and spacious first-floor living accommodation. AUCTIONEERS NOTE LEASE AND TENANCY DETAILS • Tenant: Tenanted (trading since 2014) • Let on a 25-year FRI lease from December 2009 (expires 2034) • Current Rent: £32,400 per annum (from Dec 2024) • Rent includes both restaurant and residential accommodation • Next open market rent review in 2029 ACCOMMODATION Ground Floor: The restaurant is currently currently let to a well-established Indian restaurant. 52 covers, kitchen and toilets. First Floor: The first floor offers a four bedroom living accommodation. External Rear: A garden and an 18-space private car park. VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing. FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale. NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction. Tenure: Freehold EPC Rating: C67 <div class="row no-margin
Figures come from Auction House Online's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.