Exceptional town-centre investment with strong parking and conversion potential.
Prime town-centre location with landscaped courtyard and water feature
Large combined floorspace totalling c.28,368 sq ft, three storeys
Private gated car park providing 103 spaces (1:275 sq ft ratio)
Lease permits conversion to residential use (planning/consents required)
Modern services: LED lighting, AC, raised floors, lifts, showers
EPC ratings range D and C; energy performance may need improvement
Constructed 1983–1990; likely requires refurbishment and ongoing maintenance
Local crime levels reported as high; may affect insurance and lettings
This substantial office development occupies a prominent town-centre position in Newbury, set around a formal courtyard with mature landscaping and a central water feature. Three buildings are offered together, providing extensive open-plan workspace across three storeys, with modern services including LED lighting, air conditioning, raised access floors and secure electronic entry.
The complex includes a private car park with 103 spaces and mixed amenities such as kitchens, showers in two buildings, lifts and accessible WC facilities. The lease permits conversion to residential use, offering an attractive redevelopment or asset-repositioning opportunity for a purchaser prepared to manage planning and fit-out.
Buyers should note material facts: EPC ratings are D and C across the estate, the construction dates to the 1983–1990 period so some element of refurbishment and ongoing maintenance is likely, and tenure details are currently unspecified. The site reports higher local crime levels, which may influence tenant demand or insurance costs.
Overall this is a large-scale, well-serviced asset in a major town location with conversion potential and significant parking—suitable for investors or developers targeting long-term rental income, refurbishment gain or residential conversion.
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