Property unavailable This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings. Show similar properties Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us. If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email. Street view Pub/Commercial Investment, 42 Cheap Street, Newbury, RG14 5BX 9,000 Sq Ft / Retail / Investment Withdrawn - Last updated: 22 May 2023 Opportunity to purchase a commercial investment property used as a pub. The property consists of 9,000 sqft of commercial space set on the first two floors with staff rooms on the second floor. The property is leased to Stonegate Limited, the largest pub operator in the United Kingdom. The property is leased until 2040 with a tenant break clause in 2025. The current income from the lease is £104,000 per annum with a set increase of 7.5% every 5 years. We believe the tenants favour continuing the lease until the end of the term.Location Located in the town centre of Newbury.Accommodation Ground Floor - 460 sq m (4,950 sq ft) First Floor - 297 sq m (3,200 sq ft) Second Floor - 79 sq m (850 sq ft) Size - 836 sq m (9,000 sq ft) Terms Tenure - Freehold Price - Offers are invited in the region of £1,400,000. VAT - Applicable Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist