Popular 90-year-old Oxford pub in £40K price drop to £660K

The Corner House in Hollow Way, Headington, was on sale for £700,000 but has now had its price slashed to £660,000.

The building was built in the mid-1930s and remains a trading pub in the present day, despite rumours a decade ago it would be turned into a convenience store.

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In 2015, New River Retail applied to change the use of the pub so it could be turned into a convenience store.

The Corner House pub in Headington (Image: Savills)

However in that same year local people successfully nominated it as an Asset of Community Value and the change of use did not occur.

Currently, it is reported that the New River Retail lease the pub to Marston’s PLC, which operates more than 1,300 pubs and inns across Great Britain.

However, in April it was put up for a £707,500 sale by Savills UK.

The Corner House pub in Headington (Image: Savills)

Its listing stated: “The property comprises the basement, ground and first floors of a two-storey detached building, together with a single-storey extension, with painted elevations beneath a pitched roof.

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“The property has an approximate site area of 0.124 of an acre.”

Its business rates value is £15,000 and its let to Marston’s Plc does not expire until November 2031 with a passing rent of £43,473 per annum.

The Corner House has a 4.2-star rating based on over 200 Google reviews and hosts regular karaoke and live music evenings.