Restaurant for sale

7 Weavers Walk, Northbrook Street, Newbury, RG14 1AL

Offers in Excess of £1

Property Description

Commercial information

  • Business for sale

Key features

  • Nil premium
  • 1,334 sq ft
  • Two storey
  • Located just off the main high street
  • New lease
  • Energy Rating C

Full description

Tenure: Leasehold

Description

Previously a dry cleaners, this vacant site currently falls under A1 use and is available on a nil premium basis. The owner will apply for change of use to A3/A5 subject to finding a suitable operator.

The unit is spread over two storeys and makes up approximately 1,334 sq ft or 124 sq m. The ground floor is 635 sq ft (59 sq m) and the first floor is 699 sq ft (65 sq m).

There is three phase electricity, gas connection and availability for extractor and ventilation.

Location

Located in the heart of Newbury and a two minute walk from Northbrook Street, the site is in a prime position for restaurant use. It is also within walking distance of the Parkway Centre.

Newbury is easily accessible to the A34 and A4 motorway and has a population of 154,000 people (2011 census).

Local destinations include London (c.60 miles), Reading (c.20 miles), Basingstoke (c.16 miles) and Oxford (c.27 miles).

Internal Details

Single access through the front of the unit which mainly comprises a multi paned glass window.

Open plan ground floor space.

The staircase to the right hand side of the entrance sweeps round to the first floor and provides under stair storage.

On the first floor is the unisex WC with double glazed skylights on both sides of the pitched ceiling.

Fixtures & Fittings

No fixtures and fittings are included in the sale.

The Opportunity

The opportunity lies in the location of this unit being just off the main high street, in a quiet and attractive parade. There is community seating in the parade, public parking to the side and availability for further seating outside the property, subject to conditions of lease.

The unit is ideally situated for a tapas bar, wine bar or specialist niche restaurant. We are actively seeking a tenant with strength of covenant and experience that would not directly compete with neighbouring businesses in the parade.

Trading Hours

Dependent on licensing conditions.

Business Rates

Rateable Value: £29,250
Rates Payable: £14,040

Regulatory

Licence required.


Nearest stations

  • Newbury (0.4 mi)
  • Newbury Racecourse (0.8 mi)
  • Thatcham (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Reading

200 Brook Drive, Reading, RG2 6UB

0118 453 0310 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Christie & Co , Reading

200 Brook Drive, Reading, RG2 6UB

0118 453 0310 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Newbury (0.4 mi)
  • Newbury Racecourse (0.8 mi)
  • Thatcham (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Reading

200 Brook Drive, Reading, RG2 6UB

0118 453 0310 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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