This attractive freehold property is located close to the heart of Newbury town centre, with numerous national brands within the vicinity.
Both of the retail units are let on commercial leases, with Unit 1 operating as a Tattoo Parlour and Unit 2 as a Café. The four flats above and to the rear are also let on Assured Shorthold Tenancies and producing a healthy income.
Commercial
Unit 1
Main retail area, staff kitchen and cloakroom with W.C.
Tenancy
Let under the terms of a Commercial Lease for a period of five years, from 1st August 2018, at a current rental of £9,000 per annum.
Unit 2
Café seating area, serving area, kitchen and customer W.C.
Tenancy
Let under the terms of a Commercial Lease for a period of five years, from 1st June 2021, at a current rental of £9,000 per annum.
Residential
Flat A
Living room/kitchen, bedroom and shower room with W.C.
Tenancy
Currently vacant but terms have been agreed for a new Assured Shorthold Tenancy at a rental of £700 per calendar month.
Flat B
Kitchen/studio room and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy from 19th March 2021 at a current rental of £600 per calendar month.
Flat C
Living room, kitchen, bedroom and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy from 16th September 2021 at a current rental of £750 per calendar month.
Flat D
Living room, kitchen, two bedrooms and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy, from 26th September 2020, at a current rental of £875 per calendar month.