15-17 Hampton Road Newbury Berkshire RG14 6DB

15-17 Hampton Road
Newbury
Berkshire
RG14 6DB

Freehold Commercial, Residential and Development Opportunity

Comprises former funeral parlour, separately-accessed two-bed apartment, garages and outbuildings
Majority vacant; Apartment let on AST
Development and Change of Use Opportunities (subject to consents)
VAT not applicable
Prestigious residential location close to community arts centre, coffee shops and Post Office
Less than half a mile from Newbury town centre and Railway Station

Lot
19
Auction
9th May 2024
Rent
£9,900 per Annum Exclusive
plus vacant Ground Floor and Outbuildings
Status
Sold Post
Price
Auction Venue
Live Streamed Auction
On the Instructions of Dignity Funeral Directors

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Freehold Commercial, Residential and Development Opportunity

Comprises former funeral parlour, separately-accessed two-bed apartment, garages and outbuildings
Majority vacant; Apartment let on AST
Development and Change of Use Opportunities (subject to consents)
VAT not applicable
Prestigious residential location close to community arts centre, coffee shops and Post Office
Less than half a mile from Newbury town centre and Railway Station

Lot 19
Auction 9th May 2024
Rent £9,900 per Annum Exclusive plus vacant Ground Floor and Outbuildings
Status Sold Post
Price
Sector
Development
Auction Venue
Live Streamed Auction
On the Instructions of Dignity Funeral Directors

Property Information

Location

Miles: 15 miles north-west of Basingstoke, 17 miles west of Reading
Roads: A34, A339, M4 (Junction 13)
Rail: Newbury Railway Station
Air: London Heathrow Airport

Situation

The property is situated on the south side of Hampton Road, in a predominantly residential location, less than half a mile from Newbury town centre. The property boasts excellent communication links being within close proximity to the A34, M4 (Junction 13) and less than half a mile from Newbury Train Station. Occupiers in Newbury town centre include Marks & Spencer, Tesco Express, Bill's, Nando's, Caffè Nero and Costa.

Tenure

Freehold.

Location

Miles: 15 miles north-west of Basingstoke, 17 miles west of Reading
Roads: A34, A339, M4 (Junction 13)
Rail: Newbury Railway Station
Air: London Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises a former funeral parlour arranged on the ground floor and a separately-accessed two-bed apartment on first floor, let on an AST. The property benefits from 5 car parking spaces to the front, as well as a series of garages and outbuildings to the rear.

VAT

VAT is not applicable to this lot.

Planning

The property may lend itself to residential conversion, alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with West Berkshire Council. (www.westberks.gov.uk) (Phone: 01635 551111)

Viewings

There will be one accompanied viewing date on Thursday 2nd May from 10:30am to 12pm. If you would like to inspect, please confirm your attendance with your name and mobile number to henry.john@acuitus.co.uk

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

Planning

Viewings

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas (Approx sq ft)	Tenant	Term	Rent p.a.x.
Ground	Commercial/Ancillary Garages/Outbuildings (1)	57.00 115.60	(614) (1,244)	VACANT	-	-
First	Residential - 2 bed maisonette	-	-	AN INDIVIDUAL	AST from 11/2019 at £825 pcm	£9,900 (2)
Total Commercial Area		172.60	(1,858)			£9,900

(1) The property also includes a further two-storey detached building which has not been inspected and currently un-occupiable.
(2) In respect of the first floor flat, the AST has been in place since 2019, and although the AST contains a provision for an RPI rental increase annually, the Seller confirms this has not been implemented.
NB: Please note that there is a restriction on funeral use for this property- please see the legal pack for details.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.