Sold Prior
- Commercial Development
- Tenure: Leasehold. The property is held on a 999 year lease from 25th March 2026 (thus approximately 979 years unexpired). Peppercorn ground rent.
Call the team on 020 7625 9007 for more information
Vacant First and Second Floor Ancillary Space. There is Lapsed Plannning permission for the Property to be Converted into 4 Flats.
The property comprises a mid terrace building arranged to provide a ground floor retail unit and ancillary space on the first and second floors.
Tenure
Leasehold. The property is held on a 999 year lease from 25th March 2026 (thus approximately 979 years unexpired). Peppercorn ground rent.
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include McDonald's, Vodafone and Specsavers. The open spaces of Victoria Park are within easy reach. Transport links are provided by Newbury rail station.
Accommodation
First and Second Floors Ancillary Space
Planning
West Berkshire Council granted the following planning permission (ref: 21/00524/PACOU) to create 2 x Two Bedroom Flats and 2 x One Bedroom Flats' on the 4th May 2021. Planning has now lapsed.
We have been advised that the property comes with Freeholders consent to convert the property to residential (subject to planning permission being obtained).
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
