Offers over
£1,200,000
(£92/sq. ft)
Land for saleNewtown Road, Newbury RG14
13,068 sq. ft
- New home
- Freehold
Haslams Commercial
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About this property
Location
The property lies on the north-east side of Newtown Road adjacent to the A339 in the sought after town of Newbury, Berkshire.
Newbury train station lies 1.5 mile to the north which provides direct train services to London Paddington, whilst Junction 13 of the M4 motorway lies approximately 5 miles to the north.
Description
The property provides a prominent gateway site within a primarily residential location. The site is relatively level, rectangular-shaped and totals approximately 0.122 hectares (0.302 acres) which currently provides a parade of two shops and 2 x 2 bedroom flats above. The Gross Internal Area of the existing building is approximately 2,661 sq. Ft. (247.3 sq. M).
Tenure
The entire property is held freehold.
Full vacant possession of the property can be given on completion of the sale, or alternatively, there may be opportunity to hold the property as an income producing asset.
Planning Status
The property was granted planning permission in August 2025 for “erection of two buildings comprising 14 no. Flats and associated infrastructure and landscaping following the demolition of existing buildings” (application reference no. 24/01905/fulmaj).
The consented development scheme will provide the following accommodation, measured on a Gross Internal Area basis:
Block A
Flat 1 (2 bedroom ground floor): 61.2 sqm (659 sq.ft)
Flat 2 (2 bedroom ground floor): 61.2 sqm (659 sq.ft)
Flat 3 (2 bedroom first floor): 63.7 sqm (686 sq.ft)
Flat 4 (2 bedroom first floor): 63.7 sq.m (686 sq.ft)
Flat 5 (3 bedroom Second & third floor): 100.3 sqm (1,080 sq.ft)
Flat 6 (3 bedroom Second & third floor): 100.3 sq.m (1,080 sq.ft)
Total Gross Internal Area: 450.5 sq.m (4,850 sq.ft)
Block B
Flat 7 (1 bedroom first floor): 51.1 sqm (551 sq.ft)
Flat 8 (1 bedroom second floor): 51.1 sqm (551 sq.ft)
Flat 9 (2 bedroom ground floor): 60.3 sqm (650 sq.ft)
Flat 10 (2 bedroom ground floor): 61.2 sqm (659 sq.ft)
Flat 11 (2 bedroom first floor): 63.7 sq.m (686 sq.ft)
Flat 12 (2 bedroom first floor): 61.2 sqm (659 sq.ft)
Flat 13 (3 bedroom Second & third floor): 100.3 sq.m (1,080 sq.ft)
Flat 14 (3 bedroom Second & third floor): 100.3 sq.m (1,080 sq.ft)
Total Gross Internal Area: 549.6 sq.m (5,916 sq.ft)
Externally, 22 no. Car parking spaces (including two undercroft spaces), private and communal gardens and bin and cycle storage facilities will be provided within the development.
The various surveys, reports and drawings which supported the planning application and are available to view on West Berkshire Council’s planning portal and can be assigned to the purchaser upon completion of the sale.
The design of the scheme incorporates an exceptional design with an art deco front wall and gates adding exclusivity and railings to the front, to reflect the listed building opposite. The scheme is designed to provide high quality units with quality kitchens and bathrooms in an attractive gated development of two small blocks.
There is no social housing allocated to the consented scheme.
Method of Sale
The property’s freehold interest is offered for sale by way of informal, non-binding tender with the vendor reserving the right not to accept the highest or any offer and also reserving the right to withdraw the property from sale or to vary the method of sale at any time without notice.
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