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24 Northbrook Street, Newbury, BKS

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DetailMap
24 Northbrook Street

Newbury, RG14 1DJ


Property type:Retail Sub type:Storefront Status:Existing Year built:1876
Building size:5,181 sq ft
% Leased:
For sale price:For Sale Price:-
Yield:-
Smallest space:1,302 sq ft Largest space:1,302 sq ft Total space:1,302 sq ft Rent:
£57,500 pa
Portfolio:This property is for sale (for £20,000) as part of a portfolio of 2 properties.
Features:EPC - E, Storage Space


Space available:
Floor
Sq ft Available
Rent
Status
Lease term
Space use
 GRND
1,302
£57,500
Available
Negotiable
Retail
 
13631114
Marketing flyer Marketing Flyer  
Space notes Space Notes  


Floor
Sq ft Available
Rent
Status
Lease term
Space use
GRND
1,302
£57,500
Available
Negotiable
Retail
The property comprises an end of terrace building of masonry construction which offers ground floor retail accommodation and ancillary space on the two upper floors.

The property occupies a good position on pedestrianised Northbrook Street, within easy reach of the A339 and Newbury Racecourse Railway Station.

Sale Notes:
DESCRIPTION
Long leasehold Investment
The property comprises the long leasehold interest in two shops set within Northbrook Street,
Newbury.
Number 23 is a Grade II Listed building and number 24 a Grade II*.
The purchase gives the right to receive rent until the end of the lease in 2031. The tenants have
the right to renew subject to the normal objections available to the landlord.
PROPOSAL
The lease is dated 29th September 1947 for 84 years. The lease, which is Full Repairing and
Insuring, has approximately 12 years to run. The rent payable is £1,000 per annum exclusive.
We are instructed to seek offers in excess of £20,000 for this opportunity. VAT is not
applicable.

Quintons (Commercial)
Shane Prater
01635 262510


Colliers International
Hal Clarke
020 7344 6920

Lloyd Entwistle
020 7344 6812



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