21 Northbrook Street , 21 Northbrook Street, Newbury

Guide price

£450,000

Auction

Size

2,397

Tenure

Freehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Let to Esquires Coffee (UK) Limited
  • Pedestrianised Town Centre Location
  • Future development potential to convert the upper floors into residential use
  • Six Week Completion Available
  • 10 Years from 10.05.2024(1)
  • The property has been well fitted out to a high standard
  • VAT is Applicable to this Lot
  • Investment Let at £52,000 p.a. (11.55% GIY on Guide Price)

Description

The property comprises an attractive three storey end of terrace property which forms part of an established shopping parade in the centre of Newbury.

The property is entirely let to one tenant and is operating as a Restaurant/Café with seating and service areas on the ground and first floors whilst ancillary accommodation is located on the 2nd floor.

Newbury is an attractive and prosperous Berkshire market town located 14 miles west of Reading and 50 miles west of London

The property is located on the junction of Northbrook Street and Jack Street (a pedestrian cut through)

Occupiers close by include Mark & Spencer (adjacent), Robert Dyas (opposite), Tesco Express, Boots, Caffe Nero, HSBC, Pret A Manger and a number of national and local traders

Transport
The town is served by the A339 and A34, which provide access to the M4 Motorway (Junction 13) 3 miles to the north

Newbury Station provides frequent services to London Paddington (46 minutes), Reading, Exeter and Plymouth.
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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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

21 Northbrook Street , 21 Northbrook Street, Newbury

NEAREST STATIONS

National Rail

Newbury Station

0.35 miles

National Rail

Newbury Racecourse Station

0.78 miles

National Rail

Thatcham Station

3.57 miles

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Disclaimer - Property reference FEAD6D2F-2A0F-4B18-8ECF-444A28D5B322. 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 Savills National , Savills Auctions- Commercial. 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.