Vanderwald Estates Ltd, Edgware

The Broadway, Newbury, Berkshire, RG14

£610,000

Size

2,927

Tenure

Freehold

EPC

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Parking

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Primary use
Mixed use

Key features

  • Freehold
  • Rental income of £50,950
  • Total approx. area is 272 sqm

Description

We are pleased to bring to market this excellent investment opportunity. The property comprises two adjoining buildings. No. 24 The Broadway is a three story building fully let to a restaurant until 2032 at a rent of £39,000. The restaurant trades from ground floor and has residential units on the uppers.

No. 26 has a barber trading from the ground floor, with a lease until 2032 at a rent of £11.950, and two flats on the uppers that have been sold of on long leases.

The building is an elegant three-story structure with a brick façade and sash windows and detailed brick moulding which enhances the overall presentation.

Key points:
- Freehold of 24 and ground floor of 26
- Total approx. area is 272 sqm / 2,927sq ft
- Price: £630,000 + vat
- Rental income of £50,950.00 p.a.


Location:
Newbury is a market town in west Berkshire, between Oxford and Winchester and 20 miles west of Reading. It has a population of 33,800. Newbury and its immediate surroundings constitute the major commercial and retail centre of West Berkshire.

The property is located on The Broadway, which is the junction between Oxford Street and London Road, just north of the town centre. It is close to parks including Northcroft Park and has all amenities close by including a schools, hospitals, museums and restaurants. It is a 15-minute walk to Newbury train station.

Occupiers close by include Waitrose, Premier Inn, Aldi and a range of local and national retailers.

Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.
Vanderwald Estates Ltd, Edgware

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Additional information
Service charge
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Business rates
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Use class
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Listed building
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Floors in building
3
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Environmental data
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Brochure

The Broadway, Newbury, Berkshire, RG14

NEAREST STATIONS

National Rail

Newbury Station

0.55 miles

National Rail

Newbury Racecourse Station

0.91 miles

National Rail

Thatcham Station

3.63 miles

About Vanderwald Estates Ltd, Edgware

Vanderwald Estates Ltd, Edgware

Welcome to Vanderwald Estates, your trusted partner in commercial property investments.

At Vanderwald, we understand that investing in real estate is a significant decision, one that requires expertise, precision, and a deep understanding of the market. With years of experience and a proven track record, we are your dedicated Investment Estate Agents, committed to helping you achieve your financial goals through strategic real estate investments.

Our network of property professionals, as well as buyers and sellers in the property investment market, allow us to bring you lucrative opportunities tailored to your specific investment objectives. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking guidance on your first investment, we're here to provide personalized solutions that maximize your returns.

Each asset that we bring to market is analysed internally to ensure that deal presents a genuine opportunity. This sets us apart from other agencies who simply act as middlemen.

If you are looking to divest of a property, speak to us as well to see how we can work on your behalf to help you achieve your goals.

Explore our website to to see how we can assist you, either as a buyer or a seller.

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Disclaimer - Property reference newbury. 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 Vanderwald Estates Ltd, Edgware. 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.