Prime Location Newbury Commercial Property

Listed for sale, Quintons Commercial Property is proud to present a fabulous 4144 sq. ft. period building in a prime location in the centre of Newbury. 

The property is located on the corner of Mansion House Street, which directly connects to Bridge Street, Bartholomew Street and Wharf Street.  The property itself is opposite Newbury Town Hall and Lloyds bank, and very close to Market Place.

The property has very good transport links with Newbury Station being 0.7 miles south of the property and Newbury Racecourse station is 0.9 miles east of the property. The surrounding occupiers include retailers, restaurants, and licenced operators.

The property is arranged over basement, ground, first and second floors with an internal staircase. The upper parts are accessed by a self-contained entrance on Mansion House Street. There is a beautiful terrace that faces the Kennet & Avon Canal. 

This property has recently been used on the ground floor as a retail unit by Phase Eight. The upper floors have been occupied by businesses for office space.

There is potential for a purchaser to obtain change of use and develop the building into residential apartments, either keeping the ground floor as retail space, or converting the whole building.

We are offering the premises either For Sale or For Lease: 
• The guide rent for a new lease is £65,000 per annum exclusive.
• Offers are also invited for the freehold in excess of £750,000 (Seven Hundred & Fifty Thousand Pounds). VAT is applicable.

For full details or further information, please contact Shane Prater on 01625 551441.