Unit 1 & 2, Mill Lane, Newbury, West Berkshire, RG14 5RE
£32.01 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
10,934 sq ft
1,016 sq m
- SECTOR
Land for sale
Key features
- REDEVELOPMENT OPPORTUNITY
- 0.251 ACRES
- FRONTS KENNET & AVON CANAL WITH TWO MOORINGS
Description
The property is situated on Mill Lane, Newbury which links the A339 to Boundary Road / Bone Lane.
Description
The property comprises a site area of 0.251 acres of land on which are two single storey concrete sectional buildings.
The site is flat and fronts Mill Lane to the South and to the North to the Kennet & Avon Canal. The site benefits from two canal boat moorings.
The sectional buildings are each self contained. Unit 1 comprises a showroom which includes front and rear display space, carpets, suspended ceilings with LED lighting and access via aluminium double doors. Unit 2 is set up as offices and comprises carpets, perimeter trunking, LED lights, UPVC windows and doors, kitchenette and WC.
The site benefits from a tarmac / concrete forecourt which is laid out for parking and access.
Proposal
The property has residential development potential. The owners will consider conditional and unconditional bids. Offers are invited for the freehold of the property. VAT is applicable.
Viewing
Contact Shane Prater on or Email
Service Charge
Unit 1 is let to Miks Paints on an agreement to expire mid 2027.
Unit 2 is let to Start2finish on an agreement to expire Nov 2028.
The rent currently passing is £16,000 per annum exclusive.
Brochures
Unit 1 & 2, Mill Lane, Newbury, West Berkshire, RG14 5RE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newbury Station0.3 miles
- Newbury Racecourse Station0.4 miles
- Thatcham Station3.2 miles
Notes
Disclaimer - Property reference 5674FH. 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 Quintons, Newbury. 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.
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