150-151 Bartholomew Street, 150-151 Bartholomew Street, Newbury

Guide price

£150,000

Auction

Size

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Tenure

Leasehold

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Parking

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Primary use
Other

No floor / site plan

Key features

  • High Yielding Retail Investment
  • Ground Floor and Basement Retail Unit
  • Let to Private Individual
  • Five Year Lease Expiring 17.07.2030
  • Asset Management Potential
  • 993 sq ft (92.25 sq m)
  • High Footfall Pedestrianised Pitch
  • VAT-Free Investment
  • Investment Let at £20,000 p.a. (13.33% GIY on Guide Price)

Description

The property comprises a high yielding retail investment occupying a high footfall pedestrianised pitch.

Arranged as a double fronted retail unit across ground floor and basement, the property is let to a private individual t/a Rocket Propelled Games on a five year lease expiring 17.07.2030 and paying £20,000 per annum.

The property occupies a prominent pitch fronting the pedestrianised Bartholomew Street, with a return frontage to the Arcade. The street forms part of the principal retail amenity in Newbury with nearby tenants including a number of boutique occupiers and national retailers including Zizzi, Lloyds Bank and Gails. The former Kennet Shopping Centre is to the south and is currently undergoing redevelopment to provide 317 new homes.
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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Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: A

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Environmental data
BREEAM rating

Unclassified

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Brochure

150-151 Bartholomew Street, 150-151 Bartholomew Street, Newbury

NEAREST STATIONS

National Rail

Newbury Station

0.21 miles

National Rail

Newbury Racecourse Station

0.72 miles

National Rail

Thatcham Station

3.54 miles

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