11,252 sq ft
Office / Development / Residential
|Property Type||Office / Development / Residential|
|Size||11,252 sq ft|
|Business Rates||£38,912 per annum|
|Energy Performance Rating||This property has been graded as 88 (D)|
The property is situated in a prominent position between Bartholomew Street to the east and Oddfellows Road to the west, within Newbury town centre. The surrounding properties include a combination of residential dwellings, offices, retail units and the Kennet Centre shopping centre.
The property lies within a short distance of many local amenities including restaurants, cafés, shops and leisure facilities. The River Kennet lies 0.1 miles to the north whilst the popular Newbury Racecourse lies 0.8 miles to the east.
Newbury Railway Station, which is a 5 minute walk away, provides direct services to Reading (15 mins), London Paddington (41 mins) and Exeter St David’s (1hr 21 mins).
The A4 and Junction 13 of the M4 motorway lie approximately 0.5 miles and 3.8 miles to the north respectively. Newbury also benefits from swift access onto the southern section of the A34 providing a north/south link between Oxford and Southampton.
We would refer you to the location plan within the particulars of sale for further information.
A copy of an Ordnance Survey Extract Plan within the particulars of sale shows the approximate boundaries of the property edged in red.
The property comprises a generally level, irregular shaped site which includes a detached office building with a small detached workshop and 42 car parking spaces. The site is secured by metal gates, metal post fencing and brick/block walls.
The building is set back from the main building line of Bartholomew Street but can be accessed under a flying freehold, a 19th Century archway which is part of 17-20 Bartholomew Street. This is shaded blue on the Ordnance Survey Extract Plan.
Vehicular access to the building and car park is provided via Oddfellows Road.
The building was built in 1982 and has been subsequently extended twice. It is planned over two storeys with open plan areas, private offices, breakout and meeting rooms, kitchen facilities and male, female and disabled WCs.
The specification of the office accommodation includes raised floors, suspended ceilings, air conditioning, gas central heating, double glazing, fibre optic broadband, a mixture of LED and fluorescent lighting and carpeted floors. The building also contains a strong room previously used as bank vaults and a backup electricity generator.
We would suggest that the building is equipped to allow an office occupier to operate from the building immediately, although some minor fit-out / redecoration works might be preferred prior to occupation.
The total site area is approximately 0.214 hectares (0.528 acres).
We would refer you to the photographs of the property for further information.
We are advised that mains electricity, gas, water and drainage services are available on site. However, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.
We would refer you to the particulars of sale where you will find detailed planning information.
The property will be sold freehold with vacant possession.
The site is offered for sale by way of informal, non-binding tender with the vendor reserving the right not to accept the highest or any offer and also reserving the right to withdraw the site from sale or to vary the method of sale at any time without notice.
Offers are sought for the freehold interest on a conditional on planning or unconditional (Subject to Contract only) basis. All offers must be made in writing for a fixed sum.
Written offers for the property are invited by 12 Noon Wednesday 7th October 2020.
Full details on the Method of Sale can be found within the particulars of sale.
A copy of the Technical Information Pack can be obtained on application. Please contact us for access details.
All enquiries should be directed to the vendor’s sole agent: Haslams Surveyors LLP.
Viewings of the property are strictly by appointment only.
Access onto the property during viewings will be available via the car park accessed from Oddfellows Road.
Please note that parties must not enter the property without our prior authority and any inspection of the site is at the prospective purchaser’s risk.