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P1020373
P1020371
P1020364
P1020369
table5
  • For Sale
  • Offers Over £575,000
  • 1, 4-5 & 6 Saddlers Court, Newbury, Berkshire, RG14 1AZ
  • DEVELOPMENT OPPORTUNITY

DEVELOPMENT OPPORTUNITY

| February 10, 2020

Executive Summary

  • Income producing freehold investment with residential development potential (STPP)
  • Prior approval for the development of 3 x residential units in part of the property
  • Suitable for alternative commercial uses (STPP)
  • Located in the attractive market town of Newbury
  • Current income - £14,000 per annum

Location
The property is located in the attractive market town of Newbury in the affluent county of Berkshire. The town is approximately 60 miles west of London, 17 miles west of Reading and 25 miles south of Oxford. Access to the A34 is 2.4 miles away and junction 13 of the M4 is 4 miles away. Newbury railway station is 0.7 miles away and is served by the Great Western Railway line which provides a service to London Paddington in approximately 40 minutes.

The property itself is set within a pedestrianised courtyard accessed via an archway next to 21 The Broadway (Roderick Anthony) and opposite the known local landmark The Clock Tower. The roundabout opposite the entrance is the junction of The Broadway, London Road and Oxford Street.

Please note all distances given are approximate only.

Description
Comprising of six (2 of which have been sold off) commercial units within a pedestrianised courtyard setting. Each unit is more particularly described as (see table in images).

Please note that Harston&Co have not accessed all parts of the property and the sizes have been provided by the vendor. Any interested party is advised to make their own enquiries and carry out a measured survey.

Development
Prior approval has been granted by West Berkshire Council under application number 19/02315/PACOU to change the use of 4-5 Saddlers Court from an office to 3 x residential units. Further information is provided within the dataroom which can be accessed upon request to Harston&Co.

Terms
Offers are invited in excess of £575,000 for the freehold interest subject to the existing tenancies.

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The Site and all the content on the Site is provided for use "as is" and "as available" and any reliance upon the same is at your sole risk. Whilst We take all reasonable care to ensure that the content on this Site is accurate, We cannot guarantee its accuracy and We reserve the right to change the content on this Site at any time. We make no representations or warranties of any kind with respect to this Site or the content of the Site, including any text, graphics, advertisements, links or other items. Further more, neither We nor any other contributor to this website make any representation or gives any warranty, condition, undertaking or term either expressed or implied as to the condition, quality, performance, accuracy, fitness for purpose, completeness or freedom from viruses of the content contained on the Site or that such content will be accurate, up to date, uninterrupted or error free.