An excellent opportunity to lease a secure automotive site extending to approximately 0.61 acres (0.25 hectares), situated within the established Newbury Business Park, just off the London Road with excellent access to the A34, M4 motorway and Newbury town centre.
The site comprises a secure surfaced vehicle yard capable of accommodating approximately 60+ vehicles, together with a modern self-contained office cabin benefiting from three-phase electricity, air conditioning, CCTV, alarm system, Wi-Fi, kitchenette, W.C. and water supply. The business park benefits from 24/7 gated access and estate security.
The property is ideally suited to vehicle hire, fleet operations and other automotive-related businesses, offering a rare opportunity to occupy a secure and well-equipped site in a highly accessible commercial location. Alternative automotive uses may be considered, subject to the necessary planning consents.
A new Full Repairing and Insuring lease is available on terms to be agreed, contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. The landlord may also consider letting part of the site, subject to negotiation.
Planning: The property benefits from an established Sui Generis planning consent for vehicle hire use, providing an excellent opportunity for automotive occupiers. The landlord is also pursuing additional planning to include vehicle sales, offering further flexibility for future operators, subject to the necessary planning consents.
The property is situated within the established Newbury Business Park, just off London Road (A4), approximately 1 mile east of Newbury town centre. The site enjoys excellent road communications, with the A34 dual carriageway and Junction 13 of the M4 motorway both within easy reach, providing convenient access to Reading, Oxford, Basingstoke, Southampton and the wider South East. The surrounding area comprises a mix of commercial occupiers and residential developments, making this an accessible and well-connected location for automotive and vehicle-related businesses
Viewings: Strictly by prior appointment through the sole letting agents, Lansley Commercial.
Lease Terms: A new 10-year Full Repairing and Insuring (FRI) lease, or longer by negotiation, is available. The lease will be contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. The landlord is seeking experienced automotive operators with a proven track record and strong financial covenant. A rent deposit will be required, together with a personal and/or director's guarantee where appropriate, subject to status, references and the landlord's approval.
Lansley Commercial Applicant Fee: £450 + VAT, payable by the successful applicant on completion, for the successful introduction and progression of the letting transaction.
