Sundial House, Carnegie Road, Newbury, West Berkshire, RG14 5DJ

Offer in excess of

£25,000

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Size

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Tenure

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EPC

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Parking

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Primary use: Other

No floor / site plan

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Key features

GROUND RENT INVESTMENT FOR SALE
7 APARTMENTS PRODUCING £1,400 PER ANNUM
RENTS DOUBLE ON 1ST JANUARY 2039 AND EVERY 25 YEARS THEREAFTER

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Description

Situation

The property is situated on the corner of Cheap Street accessed from Carnegie Road, Newbury. The property is highly visible from the A339 being located close to Newbury's Mainline railway station which serves London Paddington.

Description

The property comprises 7 apartments sold off on long leases.

The leases are for 125 years from 1st January 2014, with rent payable per apartment currently £200 per annum (Total £1,400 per annum) until 1st January 2039. The rents then double every 25 years thereafter.

The property also generates a management fee of £716.

Proposal

Offers are sought in excess of £25,000. VAT is applicable.

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Additional information

Service charge: £0
Business rates: £0
Use class: Ask agent
Listed building: Ask agent

Energy performance certificate: Ask agent

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

Brochure

Sundial House, Carnegie Road, Newbury, West Berkshire, RG14 5DJ

NEAREST STATIONS

Newbury Station

0.11 miles

Newbury Racecourse Station

0.57 miles

Thatcham Station

3.4 miles

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Disclaimer - Property reference 5677FH. 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 (Commercial) Limited, 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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Sundial House, Carnegie Road, Newbury, West Berkshire, RG14 5DJ

Key features

Description

Brochure

Sundial House, Carnegie Road, Newbury, West Berkshire, RG14 5DJ

Your search history

Sundial House, Carnegie Road, Newbury, West Berkshire, RG14 5DJ

Key features

Description

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