The property comprises 2 Retail Units together with 4 Flats as follows:-
FLAT A - Ground Floor approx 38 sq m gross
1 bed £950 pcm £11,400 per annum
FLAT B - Ground Floor approx 42 sq m gross
1 bed £900 pcm £10,800 per annum
FLAT C - Top Floor approx 41 sq m gross
1 bed £900 pcm £10,800 per annum
FLAT D - Top Floor approx 75 sq m gross
2 beds £1,100 pcm £13,200 per annum
RETAIL UNITS
UNIT 1 (LHS) approx 41.43 sq m [446 sq ft] - let for a term of 10 years from 11th October 2024. Tenant break and upward only rent review 3rd year.
Use. Coffee Shop. Current rent £10,500 per annum plus VAT.
UNIT 2 (RHS) approx 37.13 sq m [400 sq ft] - let for a term of 3 years from 11th October 2024.
Use. Tattoo Studio. Current rent £10,500 per annum plus VAT.
TOTAL CURRENT INCOME £67,200 PER ANNUM
The 3 storey property is well located within The Broadway, Newbury. Occupiers close by include Dominos Pizza, Roderick Anthony Hairdressers and Co-op.
Each party to pay their own legal costs in this transaction.
To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.
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