Measurement House, Newbury Business Park, London Road, Newbury

The property comprises a vacant office opportunity with a number of asset management and conversion opportunities.

Arranged as a self-contained office accross ground and first floors, the property offers 26,388 sq ft (2,452 sq m) of accommodation and occupies a large site of 1.57 acres (0.64 hectares).

The accommodation currently comprises open plan office space with additional meeting and training rooms. Having undergone refubishment in 2020 the property would be suitable for a variety of occupiers and we therefore consider the property offers evident asset management potential via letting, the property could also be split into suites to create a multi-let investment.

Whilst Newbury Business Park is an established office location, a number of buidings within the park have been converted to residential use. The property therefore may also be suitable for a similar opportunity to convert to alternative uses, including residential (subject to obtaining the requisite consents).

Newbury Business Park is the town’s premier business address with frontage to the A4 London Road and less than 1 mile from the station and other central amenities. Notable tenants within the park include Canon, Freixenet, Capgemeni and Siemens.

Newbury Station provides a frequent and direct train service to London Paddington and Reading; the park is also near a further station at Newbury Racecourse which offers local services.

Newbury enjoys excellent road connections being located at the junction of the A34 and M4. The A34 dual carriageway is the major north-south route linking the Channel ports of Southampton and Portsmouth to The Midlands, and intersects the M4 for fast connections to Bristol and London/M25 at Junction 13 approximately 4 miles north of Newbury town centre. There is alternative access to the M4 via Junction 12 at Theale.

Transport
Rail

Reading - 16 mins
London Paddington - 43 mins