Summary - 19 THE BROADWAY NEWBURY RG14 1AS
1 bed 1 bath Commercial Property
Let producing income, ideal for long‑term commercial investors seeking central presence.
- Grade II listed town‑centre freehold opposite Newbury clock tower
A rare Grade II listed commercial freehold in the heart of Newbury, positioned opposite the town clock and on the edge of the pedestrianised shopping area. The property is let and producing an income of £20,000 per annum under a 10‑year lease from 2 March 2023, making it immediately income‑producing for an investor seeking town‑centre exposure.
The building offers three floors totalling approximately 636 sq ft with a strong original double shop front, large sash windows and good natural light. Recent works include a reroof about ten years ago and some new sash windows; services are mains-connected and current use falls under Class E, allowing a range of commercial occupiers subject to listed‑building constraints.
This is an auction sale sold freehold subject to the existing lease and the property is offered with all faults and defects. The Grade II listing will restrict alterations and repairs, which buyers must accept and budget for. There is no break clause in the lease and the upper floors are set out as treatment rooms and storage but could be reconfigured within planning and listed‑building limits to suit different uses.
Important transactional points: the sale will be via online auction, a buyer’s fee of £900 (inc VAT) applies, and the buyer must inspect the legal pack and satisfy themselves on condition, services, and title prior to bidding. Investors should weigh the steady rental income and prime town‑centre location against listing restrictions, the town centre’s higher crime statistic, and the requirement to purchase at auction, sold as seen.
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