Summary - 20, NORTHBROOK STREET RG14 1DJ
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Freehold retail property in a prime location on Northbrook Street, Newbury
- Large space: approximately 2,500 sq. ft. over three floors
- Current rental income of £50,000 per annum, lease held since 2017
- High-profile neighboring businesses include Tesco Express, Marks & Spencer, and Superdrug
- Potential for medium-term residential conversion of upper floors, subject to consent
- High street accessibility with excellent foot traffic
**Summary:**
Seize this unique opportunity to invest in a prime freehold retail property nestled between top retailers in Newbury's bustling Northbrook Street. This remarkable mid-terrace Georgian building boasts an expansive 2,500 sq. ft. layout, featuring high ceilings and traditional architectural charm, perfect for a variety of commercial ventures. Currently leased to a reputable tenant since 2017, it generates a solid annual income of £50,000.
With the potential for residential conversion of the upper levels, this property offers flexibility for meaningful development or expansion in the future, making it an ideal choice for both investors and savvy business owners. Don't miss your chance to secure a presence on Newbury's high street, where you can tap into a vibrant community characterized by a cosmopolitan atmosphere and a thriving retail scene. Act quickly – opportunities like this don’t last long!
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