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The Broadway - Land rear of 1-15 The Broadway

1.1 Acres of Commercial Land Offered at £2,000,000 in Newbury RG14 1AS

Commercial Land Newbury The Broadway, Newbury, BKS RG14 1AS

Investment Highlights

  • Great Transport Links
  • Prominent Location

Executive Summary

Brownfield redevelopment site with significant residential development potential in central Newbury.
- Site benefits from detailed planning permission for the construction of 72 new flats.
- Highly accessible town centre location with all necessary amenities in close proximity as well as numerous retail and leisure offerings.
- Newbury train station is located under half a mile away providing regular services to London Paddington, Reading and Exeter St Davids.
- Site area of approximately 1.1 acres / 0.45 hectares.
- Significant property investment set to target Newbury town centre in the coming years.
- Reading and Oxford are within easy reach, offering further amenities.
- Just a stone's throw away from the North Wessex Downs AONB.
- Freehold.
Seeking unconditional offers in excess of £2,000,000 (Two Million Pounds) subject to contract and exclusive of VAT for the freehold interest in the site. Please note that the site is elected for VAT.
The property is to be included in the Allsop residential auction on Thursday 2nd November 2023, unless sold prior.

Attachments

Sales Brochure - Land rear of 1-15 The Broadway, Newbury, West Berkshire, RG14 1AS

Property Facts

Price £2,000,000 No. Lots 1
Sale Type Investment Property Type Land
Sale Conditions Development Sale Property Subtype Commercial
Tenure Freehold Total Lot Size 1.10 AC
Price £2,000,000
Sale Type Investment
Sale Conditions Development Sale
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.10 AC

1 Lot Available

Lot

Price £2,000,000 Lot Size 1.10 AC
Price Per AC £1,818,182
Price £2,000,000
Price Per AC £1,818,182
Lot Size 1.10 AC

Brownfield redevelopment site with significant residential development potential in central Newbury. The property is to be included in the Allsop residential auction on Thursday 2nd November 2023, unless sold prior.

Description

The site currently comprises a vacant car park and loading area to the rear of a number of commercial units fronting onto The Broadway. The site is located in the centre of Newbury on affluent market town in Berkshire, South East England. Vehicular access will be from the west via Strawberry Hill. Pedestrian access will be available from the Broadway to the east.

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+44 20 7434 8781

  • Listing ID: 29831538

  • Date on Market: 19/10/2023

  • Last Updated:

  • Address: The Broadway, Newbury RG14 1AS

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The Broadway - Land rear of 1-15 The Broadway
+44 20 7434 8781 x

The Broadway - Land rear of 1-15 The Broadway

Adam Velleman

+44 20 7434 8781

+44 20 7434 8781

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