17 Cheap Street Newbury, RG14 5DD

1,812 sq ft
17 Cheap Street, Newbury - Picture 2023-11-09-10-10-04
Use Class

Use Class

E

Size

Size

1,812 sq ft

Price

Price

£300,000

Investment For Sale

The property comprises a mid-terrace three storey period building. We are instructed to market the ground floor which comprises retail unit, WC's and stores together with a first and second floor maisonette.

The property is brick built around a timber frame with pitched tiled roof. The retail units includes display windows with central door, lights, kitchen area, and rear store area attached to the space. Beyond this space is a rear courtyard which provides access to two WC facilities and further storage building. Beyond the WC's and storage building there is a further area of ground. To the rear of the property is 1 parking space located within a short walk.

The first and second floor maisonette is separately accessed to the retail premises. The property includes 2 double bedrooms on the second floor with lounge and kitchen on the first floor. The maisonette offers generous sized space throughout. The maisonette includes 1 parking space to the rear.

Accommodation

1,812 Sq.Ft

In the following areas:

Areas
Sq.Ft
Sq.M
Ground Floor Retail
616
57.18
Ground floor rear store
116
10.76
Maisonette
1,080
100.31

Financial

Costs

The ground floor of the property is let on a 20 year lease from September 2023. There are break options every 5 years for both landlord and tenant. The rent payable is £13,500 per annum. The maisonette is let on an Assured Shorthold Tenancy agreement with the monthly rent being £850 per month. (£10,200 per annum) The total income per annum is £23,700. Offers are sought in the region of £350,000 (Three Hundred & Fifty Thousand Pounds). VAT is not applicable. Each party to be responsible for their own legal costs.

Sustainability

Energy Performance Certificate

91

Energy Performance Certificate Information

This property has an EPC rating of D and a score of 91.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 16/05/2024