Pub investment property for sale in Newbury

This property is marketed by:
Whozoo

Key Features

• Property Type - Commercial Investment
• Size - 9,003 sqft / 836.4 sqm
• Tenure - Freehold
• Borough - Berkshire
• Recent Planning - No
• Existing Use - Class E
• Tenanted - Yes
• Local Amenities - Kennet Shopping (0.1 miles), West Berkshire Museum (0.2 miles), Victoria Park (0.3 miles)
• VAT Applicable - Yes

This commercial property consists of a three-story pub.

The ground floor features a bar and seating area. Additional seating is available on the first floor.

The first and second floors are equipped with two kitchens, restrooms, staff accommodations, and showers.

The property also benefits from an outdoor seating area.

A 30-year lease is currently in place, commencing on July 4, 2010, and expiring on June 4, 2040.

However, the tenant break option, which will be exercised on June 4, 2025, will necessitate the property’s sale in a vacant state.

Tenure: Freehold

Location

The property is located only a 2-minute walk from Newbury train station, making it highly accessible to other amenities and transport links.

Some of the amenities in the immediate area include:

• The King Charles Tavern - Traditional pub with ales and British dishes.
• Corn Exchange - Theater and independent cinema.
• Victoria Park - Park with tennis courts, a boating pond, and a skatepark.
• Newbury Racecourse - Horse racing events and concerts.
• Northcroft Lido - Outdoor swimming facilities at Northcroft Leisure Centre.
• The Watermill Theatre - Small theater hosting a variety of performances.
• Newbury Cricket Club - Sports club for cricket matches.
• Newbury Library - A local library offering books, events, and quiet spaces.