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Hambridge Rd 1,551 SF Retail Condo Unit Offered at $195,184 in Newbury RG14 5SA
Investment Highlights
- Fully let investment opportunity
- Shop frontage and customer counter
- Established business park location in Newbury
Executive Summary
The premises are currently fitted as a takeaway pizza operation and provide kitchen space, storage, office accommodation, WC facilities and mezzanine offices/storage. Located on the established Raceview Business Centre in Newbury, the property benefits from a shop front, roller shutter loading door, full extraction system, 4.2m eaves height and two allocated parking spaces.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 10.00% |
| Sale Type | Investment |
| Cap Rate | 10.00% |
| Tenure | Freehold |
Description
The property comprises a steel portal frame building with profile clad elevations and roof. Internally the space has been fitted out as a takeaway pizza operation and includes storage, kitchen, office and WC facilities with first floor offices / storage above.
Sale Notes
The property comprises a fully let industrial/trade counter investment located within Raceview Business Centre on Hambridge Road, Newbury. The unit is occupied by Avon Foods Limited and fitted as a takeaway pizza operation, generating a passing rent of £14,500 per annum under a 5-year FRI lease from March 2026. The investment offers an attractive income return with a purchase price of £145,000 and benefits from tenant responsibility for rates and service charge, making it a low-management asset.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit D1 | 1,551 SF | Retail | $195,184 ($125.84/SF) | $19,518.37 |
Unit D1
| Unit Size |
| 1,551 SF |
| Condo Use |
| Retail |
| Price |
| $195,184 ($125.84/SF) |
| NOI |
| $19,518.37 |
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Unit D1
| Unit Size | 1,551 SF |
| Condo Use | Retail |
| Price | $195,184 ($125.84/SF) |
| NOI | $19,518.37 |
| Sale Type | Investment |
| Cap Rate | 10.00% |
| Tenure | Freehold |
| Description | |
| The property comprises a steel portal frame building with profile clad elevations and roof. Internally the space has been fitted out as a takeaway pizza operation and includes storage, kitchen, office and WC facilities with first floor offices / storage above.</li></ul> | |
| Sale Notes | |
| The property comprises a fully let industrial/trade counter investment located within Raceview Business Centre on Hambridge Road, Newbury. The unit is occupied by Avon Foods Limited and fitted as a takeaway pizza operation, generating a passing rent of £14,500 per annum under a 5-year FRI lease from March 2026. The investment offers an attractive income return with a purchase price of £145,000 and benefits from tenant responsibility for rates and service charge, making it a low-management asset.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,702 SF | Typical Floor Size | 5,234 SF |
| Property Type | Industrial (Condo) | Year Built | 1980 |
| Property Subtype | Service | Lot Size | 0.17 AC |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Floors | 3 |
| Total Building Size | 15,702 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Service |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 5,234 SF |
| Year Built | 1980 |
| Lot Size | 0.17 AC |
| Parking Ratio | 1.26/1,000 SF |
Amenities
- Security System
- Automatic Blinds
- Storage Space
Utilities
- Lighting - Fluorescent
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Hambridge Rd
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