£750,000
(£253.72/sq. ft)
Retail premises for sale15, The Broadway, Newbury RG14
2,956 sq. ft
Freehold
About this property
For Sale Freehold
Mixed Retail and Residential Investment
Total Current Income £67,200 per annum
4 Flats Let as ast's
2 Fully Let Retail Units
Grade II Listed Building
Description
The property comprises 2 Retail Units together with 4 Flats as follows:-
Flat A - Ground Floor approx 38 sq m gross
1 bed £950 pcm £11,400 per annum
Flat B - Ground Floor approx 42 sq m gross
1 bed £900 pcm £10,800 per annum
Flat C - Top Floor approx 41 sq m gross
1 bed £900 pcm £10,800 per annum
Flat D - Top Floor approx 75 sq m gross
2 beds £1,100 pcm £13,200 per annum
Retail units
Unit 1 (lhs) approx 41.43 sq m [446 sq ft] - let for a term of 10 years from 11th October 2024. Tenant break and upward only rent review 3rd year.
Use. Coffee Shop. Current rent £10,500 per annum plus VAT.
Unit 2 (rhs) approx 37.13 sq m [400 sq ft] - let for a term of 3 years from 11th October 2024.
Use. Tattoo Studio. Current rent £10,500 per annum plus VAT.
Total current income £67,200 per annum
Location
The 3 storey property is well located within The Broadway, Newbury. Occupiers close by include Dominos Pizza, Roderick Anthony Hairdressers and Co-op.
Legal Costs
Each party to pay their own legal costs in this transaction.
Anti Money Laundering
To comply with Anti Money Laundering regulations, Curchod & Co undertake id checks for all successful purchasers and tenants where legislation requires us to do so.
The property comprises 2 Retail Units together with 4 Flats as follows:-
Flat A - Ground Floor approx 38 sq m gross
1 bed £950 pcm £11,400 per annum
Flat B - Ground Floor approx 42 sq m gross
1 bed £900 pcm £10,800 per annum
Flat C - Top Floor approx 41 sq m gross
1 bed £900 pcm £10,800 per annum
Flat D - Top Floor approx 75 sq m gross
2 beds £1,100 pcm £13,200 per annum
Retail units
Unit 1 (lhs) approx 41.43 sq m [446 sq ft] - let for a term of 10 years from 11th October 2024. Tenant break and upward only rent review 3rd year.
Use. Coffee Shop. Current rent £10,500 per annum plus VAT.
Unit 2 (rhs) approx 37.13 sq m [400 sq ft] - let for a term of 3 years from 11th October 2024.
Use. Tattoo Studio. Current rent £10,500 per annum plus VAT.
Total current income £67,200 per annum
Location
The 3 storey property is well located within The Broadway, Newbury. Occupiers close by include Dominos Pizza, Roderick Anthony Hairdressers and Co-op.
Legal Costs
Each party to pay their own legal costs in this transaction.
Anti Money Laundering
To comply with Anti Money Laundering regulations, Curchod & Co undertake id checks for all successful purchasers and tenants where legislation requires us to do so.
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