Offers over
£295,000
(£65.31/sq. ft)
Property for saleOxford Court, 21-23 The Broadway, Newbury, Berkshire RG14
4,517 sq. ft
Available immediately
Freehold
About this property
Prominent Location
Located in the market town of Newbury, Berkshire, 20 miles west of Reading, 28 miles south of Oxford and 60 miles west of Central London
Residential Upper Parts "sold off" on long leases of 125 years from 1/1/2013
Ground floor let on a new Lease to Roderick Anthony Limited for a term of 10 years from the 1st April 2024. Initial 5 years on a stepped rental basis averaging to £23,800 pax and subject to an upward only Rent Review at the 5th year. A well-established Tenant in occupation since 2013.
Possible sale as a togc or Company sale with one asset
The main retail pitch is on the pedestrianised Northbrook Street where many major retailers are located such as Marks and Spencer, Boots, Pret a Manger and the independent department store Camp Hopson est. 1921. There are numerous High Street banks/ building societies including Barclays, Metro, HSBC, Nationwide Building Society amongst others.
21 - 23 The Broadway is arranged over 2 - 3 floors Formerly three buildings remodelled to provide a modern ground floor shop unit in single occupation with separate residential accommodation above.
21 - 23 The Broadway is arranged over 2 - 3 floors Formerly three buildings remodelled to provide a modern ground floor shop unit in single occupation with separate residential accommodation above.
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