95 Northbrook Street
RG14 1AA

Freehold Retail and Residential Opportunity

  • Comprises a shop with a separately accessed two bedroom maisonette above
  • To be let to Hays Travel Limited by way of Tenancy at Will (1)
  • Asset Management Opportunities including selling maisonette separately
  • Potential to obtain vacant possession of entire property or re-letting the shop to Hays Travel on regular protected tenancy (2)
  • Nearby occupiers include FatFace, Superdry, L'Occitane, Hotel Chocolat, Topshop, H&M, Boots the Chemist, Wilko, Pret A Manger, Vision Express and WHSmith
  • Lot
  • Auction
  • Rent
    £3,750 per Month
  • Status
  • Price*
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • 95 Northbrook Street<br>Newbury<br>Berkshire<br>RG14 1AA
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* More information on the term "price" can be found here

Property Information

15 miles north-west of Basingstoke
17 miles west of Reading
A34, A339, M4
London Heathrow

Newbury is an affluent market town in Berkshire, approximately 15 miles north-west of Basingstoke. The property is located in a prime position on the west side of the pedestrianised Northbrook Street, close to Parkway Shopping Centre, with retailers including FatFace, Superdry, L'Occitane, Hotel Chocolat and H&M. Other nearby retailers on Northbrook Street include Boots the Chemist, Wilko, Pret A Manger, Vision Express and WHSmith.




The property comprises a ground floor shop with a self contained 2 bedroom maisonette on the first and second floors. The property benefits from a yard to the rear with parking spaces for 2 cars.


VAT is applicable to this lot.


Band E. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantRent p.a.x
2 bed maisonette
103.90 sq m
(1,118 sq ft)
£3,750 pcm (£45,000 pax
equivalent) (1) (2)
Total Commercial Area
103.90 sq m
(1,118 sq ft)  

(1) The entire property is let to TCCT Retail Limited (t/a Thomas Cook (in liquidation)). In October 2019, Hays Travel acquired the entire retail portfolio of 555 Thomas Cook shops. On 28th September 2020, KPMG acting in their capacity as special managers of TCCT Retail Limited (t/a Thomas Cook (in liquidation)), determined Hays Travel current licence to occupy and confirmed that they intended to disclaim the lease held by TCCT Retail Limited (in liquidation). Hays Travel have recently offered to occupy by way of a Tenancy at Will paying £3,750 pcm + VAT. The Seller accepted their offer on 5th October 2020 and Solicitors are instructed to complete the Tenancy at Will - please see legal pack.
(2) Hays Travel have simultaneously offered to take a formal tenancy of the ground floor only for a term of 10 years from completion, with a rent review and tenant only break option at year 5 at a commencing rent of £40,000 per annum exclusive, payable monthly. A 6 month rent free period has been proposed with a further 3 months rent free if the tenant break option is not exercised. The landlord would be obliged to repair and maintain the building in wind and water right condition with the tenant to keep the interior in good and tenantable condition, subject to a Schedule of Condition - please see legal pack.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    File Size
    5 MB
    View PDF
  • Site Plan
    Updated Date
    File Size
    781 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    File Size
    585 KB
    View PDF


David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Associate Auctioneers
HRH Retail Second Floor, 25 Foubert’s Place
Andrew Hoffbrand 020 7908 7033andrew@hrhretail.com
Seller's Solicitors
Goodman Derrick LLP 10 St Bride St
Dominic Whelan 020 7421 7983dwhelan@gdlaw.co.uk

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