, 21 Northbrook Street, Newbury, RG14 1DJ | Property for lease | Savills
40.04 to 278.06 sq m
£50,000($98,524)
per annum

21 Northbrook Street, Newbury, RG14 1DJ

  • Leased
Leisure
40.04 to 278.06 sq m

Key features

  • Prime Newbury Town Centre location(pedestrianised 10.00am - 5.00pm)
  • Overall approximate GIA 278 M2 (2,993 FT2)
  • Previously trading as a food and beverage hospitality venue
  • Suitable for a variety of uses under Class E including F&B and retail
  • New lease guide rent £50,000 per annum exclusive of VAT
  • Adjacent to M&S, Tesco Express, Cafe Nero and numerous other retailers

Well located Class E opportunity to let in Newbury Town Centre - £50,000 pax

About this property

  • 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.

Local information

  • Newbury is an important regional market town located in Berkshire approximately 60 miles west of London, 28 miles south of Oxford and 18 miles west of Reading. The town benefits from access to well known walkways along the Kennet & Avon Canal (which passes directly through the town centre) and is also the home of Newbury Racecourse, Donnington Castle, the Corn Exchange and The Watermill Theatre. Highclere Castle is 8 miles to the south.
  • The property occupies a prominent location on the pedestrianised section of Northbook Street with a return frontage to Jack Street. Pedestrian access to Parkway Shopping Centre is less than 25 metres to the north.
  • The immediate area comprises a typical mix of well known High Street retailers and hospitality operators; adjacent is Marks & Spencer with Tesco Express, Cafe Nero and Cobrizo Lounge (Loungers) all close by.

Energy performance

E (122)

Available space

Descriptionsq ftsq m
Ground1,227113.99
First1,335124.03
Second43140.04