Property photos
£630,000
(£241.12/sq. ft)
Retail premises for sale
The Broadway, Newbury RG142,927 sq. ft
Local area information
Property location
Nearby amenities
- Speenhamland School 0.1 miles
- The Winchcombe School 0.3 miles
- Newbury 0.6 miles
- Newbury Racecourse 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Newbury to find out more about the local area.
Features and description
We are pleased to bring to market this excellent investment opportunity.
No. 24 The Broadway is a three-story building fully let to a restaurant until 2032 at a rent of £39,000. The restaurant trades from ground floor and has residential units on the uppers.
No. 26 comprises a commercial unit on the ground floor, let to a barber until 2032 at a rent of £11.950, and two flats on the uppers which are sold off on long leases.
The building is an elegant three-story structure with a brick façade, sash windows and detailed brick moulding which enhances the overall presentation.
Property summary :
- Freehold
- Total approx. Area is 272 sqm / 2,927sq ft
- Desirable location
- £50,950 rental income
- Subject to VAT. Can be a togc
Location:
Newbury is a market town in west Berkshire, between Oxford and Winchester and 20 miles west of Reading. It has a population of 33,800. Newbury and its surroundings constitute the major commercial and retail centre of West Berkshire.
The property is on The Broadway, which is the junction between Oxford Street and London Road, just north of the town centre. It is close to parks including Northcroft Park and has all amenities close by including a schools, hospitals, museums and restaurants. It is a 15-minute walk to Newbury train station.
Occupiers close by include Waitrose, Premier Inn, Aldi and a range of local and national retailers.
No. 24 The Broadway is a three-story building fully let to a restaurant until 2032 at a rent of £39,000. The restaurant trades from ground floor and has residential units on the uppers.
No. 26 comprises a commercial unit on the ground floor, let to a barber until 2032 at a rent of £11.950, and two flats on the uppers which are sold off on long leases.
The building is an elegant three-story structure with a brick façade, sash windows and detailed brick moulding which enhances the overall presentation.
Property summary :
- Freehold
- Total approx. Area is 272 sqm / 2,927sq ft
- Desirable location
- £50,950 rental income
- Subject to VAT. Can be a togc
Location:
Newbury is a market town in west Berkshire, between Oxford and Winchester and 20 miles west of Reading. It has a population of 33,800. Newbury and its surroundings constitute the major commercial and retail centre of West Berkshire.
The property is on The Broadway, which is the junction between Oxford Street and London Road, just north of the town centre. It is close to parks including Northcroft Park and has all amenities close by including a schools, hospitals, museums and restaurants. It is a 15-minute walk to Newbury train station.
Occupiers close by include Waitrose, Premier Inn, Aldi and a range of local and national retailers.
More information
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