a Bartholomew Street, Newbury, West Berkshire, RG14 5EE FOR SALE Retail/Shops, Investment, Land - Residential 1381 Sq Ft (128.29 Sq M) The property comprises a three-storey brick built building with pitched slate roof.
Two shop units within a popular neighbourhood retail parade with residential accommodation above which have been sold on long leases
• Seeking a price of £150,000 per unit subject to contract which reflects a NIY of 6.55% after allowing for 1.80% purchasers costs.
• We understand the buildings are not elected for VAT
• Current passing rent of £10,000 pa per unit.
• Upward only rent reviews in March 2018 and April 2019.
Unit 1 offers accommodation over ground and two upper floors, totalling 4,667 sq ft.
• Unit 2 provides ground floor retail space and a small basement totalling 1,409 sq ft.
• New effective fully repairing and insuring lease/s for a term to be agreed.
• For Sale - by way of a new 999 year lease virtual freehold from 1st January, 2005. Price on application.
Brighton Road Retail Park is located one mile south west of Basingstoke town centre on the A30 Winchester Road in the town’s primary retail warehousing location. The park is easily accessible, being located just outside the Basingstoke ring road (Ringway A340) and less than 3 miles from Junction 6 of the M3. Basingstoke is situated 20 miles north east of Winchester, approximately 30 miles north east of Southampton and just under 50 miles south west of London.