15-17 Hampton Road Newbury Berkshire RG14 6DB

  • 15-17 Hampton Road<br>Newbury<br>Berkshire<br>RG14 6DB

15-17 Hampton Road
Newbury
Berkshire
RG14 6DB

Freehold Commercial, Residential and Development Opportunity

  • Comprises former funeral parlour, separately-accessed two-bed apartment, garages and outbuildings
  • Majority vacant; Apartment let on AST
  • Development and Change of Use Opportunities (subject to consents)
  • VAT not applicable
  • Prestigious residential location close to community arts centre, coffee shops and Post Office
  • Less than half a mile from Newbury town centre and Railway Station
  • Lot
    19
  • Auction
    9th May 2024
  • Rent
    £9,900 per Annum Exclusive
    plus vacant Ground Floor and Outbuildings
  • Status
    Sold Post
  • Price
     
  • Sector
    Development
  • Auction Venue
    Live Streamed Auction
  • On the Instructions of Dignity Funeral Directors
  • Expand
  • Photos
  • Map

Freehold Commercial, Residential and Development Opportunity

  • Comprises former funeral parlour, separately-accessed two-bed apartment, garages and outbuildings
  • Majority vacant; Apartment let on AST
  • Development and Change of Use Opportunities (subject to consents)
  • VAT not applicable
  • Prestigious residential location close to community arts centre, coffee shops and Post Office
  • Less than half a mile from Newbury town centre and Railway Station
  • Lot 19
  • Auction 9th May 2024
  • Rent £9,900 per Annum Exclusive plus vacant Ground Floor and Outbuildings
  • Status Sold Post
  • Price  
  • Sector
    Development
  • Auction Venue
    Live Streamed Auction
  • On the Instructions of Dignity Funeral Directors

Property Information

Location
Miles
15 miles north-west of Basingstoke, 17 miles west of Reading
Roads
A34, A339, M4 (Junction 13)
Rail
Newbury Railway Station
Air
London Heathrow Airport
Situation

The property is situated on the south side of Hampton Road, in a predominantly residential location, less than half a mile from Newbury town centre. The property boasts excellent communication links being within close proximity to the A34, M4 (Junction 13) and less than half a mile from Newbury Train Station. Occupiers in Newbury town centre include Marks & Spencer, Tesco Express, Bill's, Nando's, Caffè Nero and Costa.

Tenure

Freehold.

Location
Miles
15 miles north-west of Basingstoke, 17 miles west of Reading
Roads
A34, A339, M4 (Junction 13)
Rail
Newbury Railway Station
Air
London Heathrow Airport
Situation

The property is situated on the south side of Hampton Road, in a predominantly residential location, less than half a mile from Newbury town centre. The property boasts excellent communication links being within close proximity to the A34, M4 (Junction 13) and less than half a mile from Newbury Train Station. Occupiers in Newbury town centre include Marks & Spencer, Tesco Express, Bill's, Nando's, Caffè Nero and Costa.

Tenure

Freehold.

Description

The property comprises a former funeral parlour arranged on the ground floor and a separately-accessed two-bed apartment on first floor, let on an AST. The property benefits from 5 car parking spaces to the front, as well as a series of garages and outbuildings to the rear.

VAT

VAT is not applicable to this lot.

Planning

The property may lend itself to residential conversion, alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with West Berkshire Council. (www.westberks.gov.uk) (Phone: 01635 551111)

Viewings

There will be one accompanied viewing date on Thursday 2nd May from 10:30am to 12pm. If you would like to inspect, please confirm your attendance with your name and mobile number to henry.john@acuitus.co.uk

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a former funeral parlour arranged on the ground floor and a separately-accessed two-bed apartment on first floor, let on an AST. The property benefits from 5 car parking spaces to the front, as well as a series of garages and outbuildings to the rear.

VAT

VAT is not applicable to this lot.

Planning

The property may lend itself to residential conversion, alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with West Berkshire Council. (www.westberks.gov.uk) (Phone: 01635 551111)

Viewings

There will be one accompanied viewing date on Thursday 2nd May from 10:30am to 12pm. If you would like to inspect, please confirm your attendance with your name and mobile number to henry.john@acuitus.co.uk

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
(Approx sq ft)
Tenant Term Rent p.a.x.
Ground Commercial/Ancillary
Garages/Outbuildings (1)
57.00
115.60
(614)
(1,244)
VACANT -
-
First Residential - 2 bed maisonette
-
-
AN INDIVIDUAL AST from 11/2019 at £825 pcm
£9,900 (2)
Total Commercial Area  
172.60
(1,858)
   
£9,900

(1) The property also includes a further two-storey detached building which has not been inspected and currently un-occupiable.
(2) In respect of the first floor flat, the AST has been in place since 2019, and although the AST contains a provision for an RPI rental increase annually, the Seller confirms this has not been implemented.
NB: Please note that there is a restriction on funeral use for this property- please see the legal pack for details.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    17.05.24
    File Size
    4 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Henry JohnHenry John +44 (0)20 7034 4860 +44 (0)7876 884 320henry.john@acuitus.co.uk
Associate AuctioneersLauren Allcoat 01905 728449lauren.allcoat@fishergerman.co.uk
Seller's Solicitors
Shoosmiths LLP 7th Floor, 125 Colmore Row,
Birmingham
B3 3SH
Beth McArdle +44 (0)370 086 4134beth.mcardle@shoosmiths.com  Harriet Gallot +44 (0)370 086 4134harriet.gallot@shoosmiths.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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