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UNDER OFFER

16 Bartholomew Street, Newbury, Berkshire, RG14 5LL

£2,333 pcm
£28,000 pa

£25.93 per sq ft

Business rates & charges may apply

Quintons, Newbury
SIZE AVAILABLE

1,080 sq ft

100 sq m

SECTOR

Shop to lease

Lease details

Lease available date:
Ask agent

Key features

  • Located within Newbury town centre
  • Includes all equipment, business and goodwill
  • Gas supply with new electrical distribution boards
  • Available as a trading operation
  • EPC rating of C and Score of 55

Description

Situation

The property is situated on the western side of Bartholomew Street in the pedestrianized section directly opposite the Kennet Centre Shopping Mall. Other properties in the vicinity include The Newbury Bar, the new Weavers Yard residential development on Market Street and Pearl House, the new retirement homes adjacent to the property. Further residential development is planned directly opposite the property when the Kennet Centre is redeveloped as the Eagle Quarter.

Description

16 Bartholomew Street underwent a comprehensive refurbishment in 2022 creating an attractive restaurant. Both customer and staff toilets were refitted, the kitchen was upgraded and new commercial gas supply installed with new electric distribution boards.

The property has been trading since 2022 as Sushizen and is set up for a maximum of 80 covers with bar, kitchen and stores.

The property is available as a trading operation with all equipment included, a premium is sought.




Proposal

The property is available on an assignment of the current lease which is dated 1st September 2022 for 15 years with tenant break options in 2027 and 2032. The Brent passing is £28,000 per annum exclusive.

The business, to include the fixtures and fittings, is available to purchase at premium of £65,000.

VAT is applicable.


Viewing

Contact Shane Prater on or Email

Tenure Comments

Let from 1st September 2022 for 15 years expiring 31st august 2037. Tenant only breaks on the 1st September 2027 and 1st September 2032.

Brochures

16 Bartholomew Street, Newbury, Berkshire, RG14 5LL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newbury Station0.2 miles
  • Newbury Racecourse Station0.8 miles
  • Thatcham Station3.6 miles

About Quintons, Newbury

Bartholomew House, 38 London Road, Newbury, Berkshire, RG14 1JX

Notes

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Disclaimer - Property reference 5507LH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Quintons, Newbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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