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Colliers International

Colliers International

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1 Northbrook Street

Northbrook Street

Newbury, RG14 1DJ

Use Class E

1,289 sq ft

£75,000

Use Class

E

Size

1,289 sq ft

Rent pa

£75,000

Marketed by Colliers International,

Last updated 23/05/2019
The premises are arranged over two floors. 
The premises are situated at the south end of Northbrook Street with an attractive return frontage overlooking the canal.

Occupiers in the vicinity include Boots, Costa, Cote, Holland & Barrett, Camp Hopson and David Clulow. 

Viewing

Strictly by appointment. 

Financial

Lease Type

Existing Lease 

Lease Term

The property is held by way of an effectively full repairing and insuring lease expiring on 19th October 2020 at a current rent of £75,000 pax.  The lease is contracted inside the security of tenure provisions of the Landlord & Tenant Act 1954 and there are no further reviews until expiry.

A new lease may be available with the landlord by way of separate negotiation. 

Rates

Transitional phasing may apply. We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Rateable Year:2019
Rateable Value:£57,500.00
Rates Payable:£28,980.00
UBR:50.4p/£

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction. 

Last Updated

23/05/2019

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 ©2021 Completely Property Technology Limited

Colliers International

Colliers International