Property photos
£550,000
(£220.26/sq. ft)
Retail premises for sale
Market Place, Newbury RG142,497 sq. ft
Local area information
Property location
Nearby amenities
- St Nicolas C.E. Junior School 0.2 miles
- Newbury 0.2 miles
- Newbury Hall School 0.3 miles
- Newbury Racecourse 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Newbury to find out more about the local area.
Features and description
We are pleased to bring to market this excellent investment opportunity. The property is a corner unit with double frontage, on to Market Place and the pedestrian high street. The unit spans 232 sqm / 2,497 sq ft.
The unit is leased to Kutchenhaus on a a fr&I 15 year lease, expiring in 2039. The rent is £45,000.
The property was recently beautifully refurbished by the tenant to be a showroom for high end modern kitchens.
Property summary :
• Tenure: New long lease
• £45,000 p.a. Rental income
• Let until June 2039
• Approx 232 sqm / 2,497 sq ft
• Not subject to VAT
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 itself is located on the corner of Market Place and the pedestrian high street, benefitting from high pedestrian and vehicular traffic.
Occupiers close by include Pizza Express, Savers and Shoe Zone, among other 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.
The unit is leased to Kutchenhaus on a a fr&I 15 year lease, expiring in 2039. The rent is £45,000.
The property was recently beautifully refurbished by the tenant to be a showroom for high end modern kitchens.
Property summary :
• Tenure: New long lease
• £45,000 p.a. Rental income
• Let until June 2039
• Approx 232 sqm / 2,497 sq ft
• Not subject to VAT
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 itself is located on the corner of Market Place and the pedestrian high street, benefitting from high pedestrian and vehicular traffic.
Occupiers close by include Pizza Express, Savers and Shoe Zone, among other 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.
More information
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Property descriptions and related information displayed on this page are marketing materials provided by - Vanderwald. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Vanderwald for full details and further information.