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Commercial Property for sale

The Broadway, Newbury, RG14 1AS

Guide Price* £850,000

Property Description

Key features

  • Freehold retail & residential investment
  • Includes two shops & four flats
  • Town centre location

Full description

Tenure: Freehold

For Public Auction at 5th December at 11:00

Location
Newbury is an historic market town lying about 27 miles south of Oxford and 18 miles west of Reading. The town lies to the south of the M4 motorway (Junction 13) and can be accessed via the A34, A4 and A339. Newbury railway station provides regional services as well as well as direct services to London (Paddington).

The Broadway is a continuation of Northbrook Street, which is the principal shopping thoroughfare in the town centre. The property lies on the west side of the road at its junction with Oxford Street and London Road. Nearby occupiers include Cooperative Funeral Care, Domino's Pizza and Specsavers.

Description
The property comprises a mid terraced former public house arranged over ground and two upper floors. The building has been converted to provide two ground floor retail units with residential accommodation at rear ground, first and second floor levels. The residential accommodation is arranged as three 1 bedroom flats and one 2 bedroom flat. The residential units are accessed via a separate entrance via an archway to the side of the building.

Tenure
Freehold.

Planning Authority
West Berkshire Council (01635 519111) www.westberks.gov.uk.

For EPC Rating please see legal documentation.

Please refer to the legal documentation.

For further information please go to www.lshauctions.co.uk

Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 0208 012 4639.


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