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114-116 Bartholomew St 450 sq ft Retail Unit Offered at £115,000 in Newbury RG14 5DT
Investment Highlights
- Prominent position on Bartholomew Street.
- Nearby occupiers include Jones Robinson Estate Agents, Warhammer, The Dolphin Pub, and Premier
- Established town centre retail location with pedestrian activity and surrounding amenities
Executive Summary
Bartholomew Street presents an opportunity to acquire a retail investment in the centre of Newbury, West Berkshire. The property occupies a prominent position on Bartholomew Street, a well-established commercial thoroughfare with nearby occupiers including Jones Robinson Estate Agents, Warhammer, The Dolphin Pub and Premier
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Sale Type | Investment |
| Tenure | Long Leasehold |
Description
The property comprises a ground floor retail unit extending to approximately 450 sq ft (41.8 sq m), together with basement storage accommodation. Internal features include display windows, suspended ceilings, strip fluorescent lighting, a WC and kitchen facility. The property holds an EPC rating of C (69).
Sale Notes
The investment is currently let to Fit Cookie Newbury Ltd under a five-year lease commencing 1 April 2022 at a passing rent of £10,000 per annum exclusive. The property is offered by way of a 250-year long leasehold interest with offers sought in the region of £115,000, subject to VAT. The asset provides an income-producing retail investment within Newbury town centre, benefiting from an established tenant and frontage onto a busy retail location
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 115 | 450 sq ft | Retail | £115,000 (£255.56/sq ft) | - |
Unit 115
| Unit Size |
| 450 sq ft |
| Unit Use |
| Retail |
| Price |
| £115,000 (£255.56/sq ft) |
| NOI |
| - |
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Unit 115
| Unit Size | 450 sq ft |
| Unit Use | Retail |
| Price | £115,000 (£255.56/sq ft) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Description | |
| The property comprises a ground floor retail unit extending to approximately 450 sq ft (41.8 sq m), together with basement storage accommodation. Internal features include display windows, suspended ceilings, strip fluorescent lighting, a WC and kitchen facility. The property holds an EPC rating of C (69).</li></ul> | |
| Sale Notes | |
| The investment is currently let to Fit Cookie Newbury Ltd under a five-year lease commencing 1 April 2022 at a passing rent of £10,000 per annum exclusive. The property is offered by way of a 250-year long leasehold interest with offers sought in the region of £115,000, subject to VAT. The asset provides an income-producing retail investment within Newbury town centre, benefiting from an established tenant and frontage onto a busy retail location</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 4,187 sq ft | Typical Floor Size | 2,230 sq ft |
| Property Type | Office (Unit) | Year Built | 1800 |
| Property Subtype | Office / Residential | Total Plot Size | 0.16 ac |
| Costar Property Class | C | Parking Allocation | 0.72/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 4,187 sq ft |
| Property Type | Office (Unit) |
| Property Subtype | Office / Residential |
| Costar Property Class | C |
| Floors | 3 |
| Typical Floor Size | 2,230 sq ft |
| Year Built | 1800 |
| Total Plot Size | 0.16 ac |
| Parking Allocation | 0.72/1,000 sq ft |
Amenities
- Kitchen
- EPC - C
- Storage Space
- Demised WC facilities
- Fully Carpeted
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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114-116 Bartholomew St
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