Summary - UNIT M, VENTURE HOUSE, BONE LANE RG14 5SH
1 bed 1 bath Light Industrial
Spacious industrial unit with offices, yards and 16 parking spaces — offers invited over £850,000..
16 dedicated parking spaces for staff and visitors
Minimum 6m eaves height; electric roller shutter loading door
LED lighting, translucent roof panels and gas blower heating
Two-storey fitted offices with staff WCs and heating
Rear yard plus access via large communal yard
Offers invited in excess of £850,000; VAT applicable
Sold by joint administrators; long leasehold interest — verify title
Medium flood risk and high local crime; insurance/security impact
A substantial modern terraced warehouse with two-storey offices and generous external yards, located on the popular Hambridge Road Industrial Estate, close to Newbury town centre. The unit offers clear operational benefits for trade counter, distribution or light industrial occupiers: a minimum 6m eaves height, electric roller shutter, LED lighting, translucent roof panels and 16 dedicated parking spaces. Excellent nearby road links (A339 to M4 Junction 13 and A4 to Reading) suit businesses requiring frequent vehicle access.
Sold by the joint administrators as a long leasehold interest with offers invited in excess of £850,000, the property is offered with VAT applicable. The building is largely modern in construction with brick/block walls, pitched roof areas and fitted two-storey offices with suspended ceilings, heating and staff WCs. On-site features include a rear yard for loading, a large communal yard and mezzanine potential for additional storage or office fit-out.
Prospective buyers should note key commercial considerations: the sale is from administrators (subject to contract), tenure is described as long leasehold (details to verify), and VAT applies. The local area records higher crime levels and a medium flood risk for the vicinity — both factors that will affect insurance and security costs. The property requires usual occupational due diligence (title, service charges, and condition survey) before completion.
For investors or owner-occupiers seeking a ready-to-use industrial unit with strong transport links, clear parking provision and immediate operational features, this unit represents a practical acquisition with scope to increase income through fit-out or letting of office/warehouse space. Buyers should factor in transactional and post-acquisition costs associated with leasehold, VAT and any remedial works uncovered on survey.
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