15, The Broadway, Newbury, RG14 1AS
£288.14 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,950 sq ft
274 sq m
- SECTOR
High street retail property for sale
Key features
- For Sale Freehold
- Mixed Retail and Residential Investment
- Total Current Income £57,240 per annum
- 4 Flats Let as AST'S
- 2 Fully Let Retail Units
Description
FLAT A - Ground Floor approx 38 sq m gross
1 bed £725 pcm £8,700 per annum.
FLAT B - Ground Floor approx 42 sq gross
1 bed £850 pcm £10,200 per annum.
FLAT C - Top Floor approx 41 sq m gross
1 bed £875 pcm £10,500 per annum.
FLAT D - Top Floor approx 75 sq m gross
2 beds £820 pcm £9,840 per annum.
RETAIL UNITS
UNIT 1 (LHS) approx 41.43 sq m [446 sq ft] - let for a term of 5 years from 1st June 2021. Tenant break and upward only rent review 3rd year.
Use. Coffee Shop. Current rent £9,000 per annum plus VAT.
UNIT 2 (RHS) approx 37.13 sq m [400 sq ft] - let for a term of 5 years from August 2018.
Use. Tattoo Studio. Current rent £9,000 per annum plus VAT.
TOTAL CURRENT INCOME £57,240 PER ANNUM
The 3 storey property is well located within The Broadway, Newbury. Occupiers close by include Dominos Pizza, Roderick Anthony Hairdressers and Co-op.
Our client is seeking offers of £850,000 plus VAT for the Freehold subject to and with the benefit of the various lettings.
Each party to pay their own legal costs in this transaction.
To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.
Brochures
15, The Broadway, Newbury, RG14 1AS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newbury Station0.5 miles
- Newbury Racecourse Station0.9 miles
- Thatcham Station3.6 miles
Notes
Disclaimer - Property reference 72642-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Curchod & Co LLP, Basingstoke. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.