LOT 25

1, 4, 5 & 6 Saddlers Court, Newbury, Berkshire, RG14 1AZ

FREEHOLD PART VACANT COMMERCIAL INVESTMENT WITH REDEVELOPMENT POTENTIAL
Result: Refer to auctioneer Guide price: £400,000 - £425,000*

Auction Date

Wednesday, 6th February 2019 11:00am

Location & Description

Comprising four retail units within a courtyard setting accessed via a pedestrian archway adjacent to 21 The Broadway. Located on the west side of The Broadway at its junction with London Road and Oxford Street, approximately ¾ mile north of Newbury town centre and the Parkway Shopping Centre.
Newbury is approximately 60 miles west of London and some 15 miles west of Reading. The A34 links the town to Junction 13 of the M4 which is approximately 3 miles to the north.

EQUIVALENT TO £14,500 p.a. WITH THE BENEFIT OF A VACANT UNIT - VAT IS PAYABLE
The site is suitable for redevelopment subject to consent.

Status

Accommodation

Column 1 Column 2 Column 3 Column 4
Unit 1 Ground 155 sq ft (14.4 sq m)
First 125 sq ft (11.6 sq m)
t/a Sanctuary Tattoo for 5 years from Dec. 2015 at £6,500 p.a.
Unit 4 & 5 Ground 360 sq ft (33.4 sq m)
t/a BGS Plumbing Ltd for one year from Nov.2016 at £8,000 p.a.
Unit 6 Ground 1,260 sq ft (106.6 sq m)
VACANT

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.