4 Bridge Street Newbury Berkshire RG14 5EX

4 Bridge Street
Newbury
Berkshire
RG14 5EX

Freehold Retail Investment

  • Let to Nice Theory Sunshine Ltd (t/a Oldburys Deli) until 2023 (subject to option)
  • Busy pedestrianised town centre location
  • Close to The Kennet Shopping Centre
  • Nearby occupiers include Holland & Barrett, Lloyds Bank, Boots the Chemist, HSBC and Costa
  • Lot
    63
  • Auction
    23rd October 2014
  • Rent
    £35,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £350,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important Update
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* More information on the term "guide" can be found here

Freehold Retail Investment

  • Let to Nice Theory Sunshine Ltd (t/a Oldburys Deli) until 2023 (subject to option)
  • Busy pedestrianised town centre location
  • Close to The Kennet Shopping Centre
  • Nearby occupiers include Holland & Barrett, Lloyds Bank, Boots the Chemist, HSBC and Costa
  • Lot 63
  • Auction 23rd October 2014
  • Rent
  • Status Sold
  • Price £350,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
17 miles south-west of Reading
58 miles west of Central London
Roads
A339, A34, A4, M4 (Junction 13)
Rail
Newbury Railway Station
Air
London Heathrow Airport
Situation

The property is prominently situated on the east side of the pedestrianised Bridge Street at its junction with Market Place in the heart of the town centre. The property is in close proximity to The Kennet Shopping Centre housing occupiers including Debenhams, Laura Ashley, Caffè Nero, Poundland and Superdrug. Other nearby occupiers include Holland & Barrett, Lloyds Bank, Boots the Chemist, HSBC and Costa.

Tenure

Freehold.

Location
Miles
17 miles south-west of Reading
58 miles west of Central London
Roads
A339, A34, A4, M4 (Junction 13)
Rail
Newbury Railway Station
Air
London Heathrow Airport
Situation

The property is prominently situated on the east side of the pedestrianised Bridge Street at its junction with Market Place in the heart of the town centre. The property is in close proximity to The Kennet Shopping Centre housing occupiers including Debenhams, Laura Ashley, Caffè Nero, Poundland and Superdrug. Other nearby occupiers include Holland & Barrett, Lloyds Bank, Boots the Chemist, HSBC and Costa.

Tenure

Freehold.

Description

The attractive Grade II listed property comprises retail accommodation on the ground floor with ancillary accommodation in the basement and part first floor. On the second floor and part first there is a two bedroom self-contained residential flat accessed via Bridge Street.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The attractive Grade II listed property comprises retail accommodation on the ground floor with ancillary accommodation in the basement and part first floor. On the second floor and part first there is a two bedroom self-contained residential flat accessed via Bridge Street.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Basement
Ground
Part First
Ancillary
Retail
Ancillary
96.60 sq m
85.40 sq m
12.10 sq m
(1,040 sq ft)
(919 sq ft)
(130 sq ft)
NICE THEORY SUNSHINE LTD (t/a Oldburys Deli) (1) 10 years from 25/11/2013 until 2023 on a full repairing and insuring lease (2) £35,000 25/11/2018
Part First &
Second
Residential
Not Measured
INDIVIDUAL 100 years from 14/12/2012 Peppercorn  
Total Commercial Area  
194.10 sq m
(2,089 sq ft)
    £35,000  

(1) Nice Theory Sunshine Ltd was incorporated on 22nd May 2012.
(2)The lease provides for a tenant option to determine on 25th November 2018.

Property Documents

  • Catalogue Page
    Updated Date
    01.10.14
    File Size
    606 KB
    View PDF
  • Site Plan
    Updated Date
    01.10.14
    File Size
    67 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Nelson & Co 28 Potter Street
Bishop Stortford
CM23 3UL
Claire Nelson 01279 653 157carolyn.pihl@nelsoncosolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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