21 Northbrook Street, Newbury, RG14 1DJ

A freehold investment property comprising a three-storey end of terrace building located in a shopping parade in the centre of Newbury. The property is fully let to a single tenant operating as a restaurant/café, with seating and service areas on the ground and first floors, and ancillary accommodation on the second floor. The total area of the property is approximately 222.69 sq m (2,397 sq ft), with the ground floor measuring 97.7 sq m (1,051 sq ft), the first floor 95.04 sq m (1,023 sq ft), and the second floor 29.95 sq m (322 sq ft). The annual rental value is £52,000, with a 10-year lease starting from May 10, 2024, including a rent review at the end of the fifth year and a tenant's option to break on May 10, 2030. The property is situated at the junction of Northbrook Street and Jack Street, with nearby occupiers including Marks & Spencer, Tesco Express, and Boots. Newbury is accessible via the A339 and A34, providing connections to the M4 Motorway, and Newbury Station offers frequent services to London Paddington, Reading, Exeter, and Plymouth. The upper floors may have potential for future redevelopment into residential use, subject to necessary consents.