10/12/2018 | Restaurants

Exciting business opportunity awaits in Berkshire market town

A vacant unit located in the heart of the market town of Newbury in West Berkshire has been brought to the market by specialist business property adviser, Christie & Co.

Previously occupied by a dry cleaners, the site is situated just off the main high street in the town centre and is an ideal spot for a new wine bar, café or restaurant. The property is split over two floors and comprises 1,334 square feet, with space for additional seating to the front of the property.  

Lying within an hour’s travel of London, Bristol, Oxford and the South Coast, Newbury is perfectly placed to cater for those looking to explore the area’s many walking and cycling trails, the local canals and the many top-class attractions including Highclere Castle and Newbury Racecourse. 

A change of use application has been submitted for A3 and A5 use, presenting a new owner with great potential to change the terms and provide a welcomed new addition to the parade of eclectic businesses surrounding it.

Mark Loveday, Business Agent at Christie & Co’s Reading office is handling the sale and comments, “Due to the site’s prominent position near the main high street, this vacant unit offers considerable potential whether for use as a restaurant, bar or other alternative businesses, subject to planning. Newbury is a popular town and receives a high volume of visitors every year, so a new business is well placed to capitalise on this and provide an exciting new venue for the town’s residents to enjoy too.”

Christie & Co is seeking nil premium for a new lease with an annual rent of £25,000.