**Standout Features:**
- Mixed-use property with both commercial and residential units
- Freehold ownership of 24 and ground floor of 26 The Broadway
- Total area: approx. 272 sqm (2,927 sq ft)
- Current rental income of £50,950 per annum, with long-term leases in place
- Prominent location on a bustling thoroughfare in Newbury
- Close proximity to amenities, parks, and schools
- Asking price: £630,000 + VAT
**Summary:**
Discover an exceptional investment opportunity with this mixed-use property located at The Broadway in Newbury. Comprising two commercial units, the building features a thriving restaurant on the ground floor, secured by a lease until 2032 at a rent of £39,000, along with an additional barber shop rental at £11,950. The elegant three-story structure boasts classic brick façades and period features that enhance its visual appeal while providing significant indoor space, totaling approximately 272 sqm.
Strategically situated at a busy intersection, this property benefits from high visibility and foot traffic, making it a prime choice for business. With easy access to local amenities including parks, schools, and shops, families and professionals alike will appreciate the vibrant community atmosphere. Although some maintenance may be required to address potential damp issues due to its age, this property offers the flexibility for future renovations or enhancements, allowing you to tailor it to your vision. Don't miss this chance to secure a solid investment in a growing market—properties like this are rarely available for long!
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