Property for sale

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Property for sale

Clarendon House, 44 London Road, Newbury, Berkshire, RG14 1LA
£650,000

Our Summary

  • There are offices above over two floors which could be used for residential purposes, subject to planning, and then you have the rear workshops and offices

Description

The property is a substantial, Grade 2 listed building in the heart of Newbury's primary office provision, with a prominent roadside location on London Road. The building is arranged over three storeys to the front and a single storey to the rear, with a brand new pitched slate roof and a mix of tile and profile cement clad roofs on the rear. The ground floor is currently used as a funeral directors, with offices above and rear workshops and offices. The property is well-maintained and includes parking for ten cars in the rear courtyard. The property is available freehold, subject to existing leases, with offers sought in excess of £650,000. The ground floor is let to West Berkshire Funeral Directors Limited for 15 years, with a rent review due in 2025, and the rear workshops are also let to the same tenant for 13 years, with a rent passing of £10,000 per annum.
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