42 Cheap Street, Newbury, West Berkshire, RG14 5BX
Land - Residential To Let / For Sale
9,000 Sq Ft (836.1 Sq M)
Leasehold: £65,000 Per Annum Exclusive, Freehold: Offers in excess of £900,000
Located within Newbury Town Centre
Ground, first and second floor Space
Uses to include Retail, Bar, Restaurant - Alternative uses could include: residential or gym
Includes two residential apartments producing rents of circa £10,000 per annum each
Guide Price £900,000
Guide Rent for the Commercial Space £65,000 per annum exclusive
Description
The property comprises a town centre restaurant and bar with residential accomodation.
The property is arranged over ground floor (bar & restaurant), first floor (private function area), residential accomodation and second floor apartment.
Alternative uses for the property could include residential, gym, religious uses etc.
Plans have been created to show 2 x commercial units to the ground floor with the upper floors converted to 9 residential apartments (5 x 1 bed, 4 x 2 bed).
Location
The property is situated in Cheap Street, Newbury. The property is 5 minutes from Newbury's Mainline Railway Station to London Paddington and opposite Newbury's Vue Cinema.
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