£265,000
(£220.10/sq. ft)
Property for sale150-151 & 1 The Arcade, Bartholomew Street, Newbury, Berkshire RG14
1,204 sq. ft
Just added
About this property
Town centre retail investment
Large display windows
Return frontage
Two retail units
Situation
The property occupies a central position within Newbury Town Centre. The property lies at the corner of Bartholomew Street and The Arcade with large return frontage. Mansion House Street and Northbrook Street are within a minutes walk.
Nearby occupiers include Lloyds Bank Plc, British Red Cross, Holland & Barrett and Gails.
Description
The property comprises 2 ground floor retail units situated on Bartholomew Street & The Arcade, Newbury.
151 Bartholomew Street is accessed via a recessed doorway leading to a retail area with a further retail area including with return frontage to the arcade. Stairs lead to a small kitchenette and WC and then beyond to a basement below. In the main, the property includes vinyl flooring, large display windows all around, LED lights, WC, sink and large window shutters.
1 The Arcade comprises a lock up retail unit with recessed doorway, shop front, range of lighting and shutters.
Proposal
The property is available to purchase freehold. The quoting price is £265,000.
VAT is not applicable.
Viewing
Contact Shane Prater on or Email:
Service Charge
The property is let as follows:-
151 Bartholomew Street - Let to Kiri Lynn Gardner for 5 years from 2025 at £20,000 per annum exclusive. The tenant has a break and rent review at year 3.
1 The Arcade - The property is under offer on a new 5 year lease at £6,500 per annum exclusive.
First Floor Flat - sold on long lease until 23/07/2138. Ground Rent £100 per annum
Second Floor Flat - sold on long lease until 23/07/2138. Ground rent £100 per annum.
Total income £26,700 per annum exclusive
The property occupies a central position within Newbury Town Centre. The property lies at the corner of Bartholomew Street and The Arcade with large return frontage. Mansion House Street and Northbrook Street are within a minutes walk.
Nearby occupiers include Lloyds Bank Plc, British Red Cross, Holland & Barrett and Gails.
Description
The property comprises 2 ground floor retail units situated on Bartholomew Street & The Arcade, Newbury.
151 Bartholomew Street is accessed via a recessed doorway leading to a retail area with a further retail area including with return frontage to the arcade. Stairs lead to a small kitchenette and WC and then beyond to a basement below. In the main, the property includes vinyl flooring, large display windows all around, LED lights, WC, sink and large window shutters.
1 The Arcade comprises a lock up retail unit with recessed doorway, shop front, range of lighting and shutters.
Proposal
The property is available to purchase freehold. The quoting price is £265,000.
VAT is not applicable.
Viewing
Contact Shane Prater on or Email:
Service Charge
The property is let as follows:-
151 Bartholomew Street - Let to Kiri Lynn Gardner for 5 years from 2025 at £20,000 per annum exclusive. The tenant has a break and rent review at year 3.
1 The Arcade - The property is under offer on a new 5 year lease at £6,500 per annum exclusive.
First Floor Flat - sold on long lease until 23/07/2138. Ground Rent £100 per annum
Second Floor Flat - sold on long lease until 23/07/2138. Ground rent £100 per annum.
Total income £26,700 per annum exclusive
Mortgage calculator
Monthly repayment
£1,325 per month
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