Well located Class E opportunity to let in Newbury Town Centre - £50,000 pax
Description
A 3-storey end of terrace property being of brick construction with wooden frame ground shop front and painted elevations (and part exposed brick to side). The return / rear of the property is 2-storeys under a pitched roof. This frontage also benefits from ingress and egress to ground and first floors.
Ground floor comprises open plan trade area with service counter and dumb waiter to one side and accessible WC and separate baby change area to the rear. First floor comprises additional two-section trade area, wash-up section and dumb waiter section, unisex WCs and two stores. Second floor comprises modern trade kitchen, dumb waiter and walk-in-fridge.
Viewings
For a scheduled appointment please contact sole letting agents Savills. The property is currently closed.
Terms
Leasehold. Rental offers of £50,000per annum exclusive of VAT are invited for the benefit of a new lease with terms to be agreed. There is no service charge applicable. Suitable security will be required, subject to consent.
The property is on the 2023 Rating List with a Rateable Value of £50,500.The National Multiplier is £0.512.
Use Class
We understand the property benefits from Use Class E (Commercial)effective from 1 September 2020 which allows a variety of operational uses including former A1 (retail), A2 (business services/office), A3 (cafe /restaurant). For full details on uses please refer to Town and Country Planning (Use Classes) Order 1987(as amended). Please seek specialist advice if required.
Costs
Each party to be responsible for their own legal and professional costs incurred in this transaction.
EPC
E (122)
Photographs
Please note the internal images are taken at the of trading and may not be fully representative of the current condition and F&F.
E (122)
Description | sq ft | sq m |
---|---|---|
Ground | 1,227 | 113.99 |
First | 1,335 | 124.03 |
Second | 431 | 40.04 |