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Offers in Excess of£350,000

Unit 1 & 2, Mill Lane, Newbury, West Berkshire, RG14 5RE

Land size
0.25 acres

Key Features

  • REDEVELOPMENT OPPORTUNITY
  • 0.251 ACRES
  • FRONTS KENNET & AVON CANAL WITH TWO MOORINGS

Description

Situation

The property is situated on Mill Lane, Newbury which links the A339 to Boundary Road / Bone Lane.

Description

The property comprises a site area of 0.251 acres of land on which are two single storey concrete sectional buildings.

The site is flat and fronts Mill Lane to the South and to the North to the Kennet & Avon Canal. The site benefits from two canal boat moorings.

The sectional buildings are each self contained. Unit 1 comprises a showroom which includes front and rear display space, carpets, suspended ceilings with LED lighting and access via aluminium double doors. Unit 2 is set up as offices and comprises carpets, perimeter trunking, LED lights, UPVC windows and doors, kitchenette and WC.

The site benefits from a tarmac / concrete forecourt which is laid out for parking and access.

Proposal

The property has residential development potential. The owners will consider conditional and unconditional bids. Offers are invited for the freehold of the property. VAT is applicable.

Viewing

Contact Shane Prater on or Email

Service Charge

Unit 1 is let to Miks Paints on an agreement to expire mid 2027.
Unit 2 is let to Start2finish on an agreement to expire Nov 2028.

The rent currently passing is £16,000 per annum exclusive.

Property details

Tenure
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Council Tax Band
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Date Posted
2026-03-11

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
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