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King Charles Tavern 54 Cheap St 4,000 SF of Retail Space Available in Newbury RG14 5BX
HIGHLIGHTS
- Central location - close to Newbury train station and Kennet Shopping Centre.
- High passing trade.
- Good frontage onto Cheap Street.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 4,000 SF | 5 Years | $12.10 CAD/SF/YR $1.01 CAD/SF/MO $48,416 CAD/YR $4,035 CAD/MO | Fully Repairing & Insuring |
Ground
The King Charles Tavern is an attractive Grade II listed three storey end of terrace property of rendered stone construction beneath various pitched tiled roofs with extensions to the side. The property is arranged over basement, ground, first, second and third floors. The ground floor trading area is in good standard throughout and comprises a main bar/ restaurant area with approximately 58 covers with informal drinking at the main bar area. Ancillary areas include a good sized commercial kitchen with associated stores, cooled cellar at basement level and customer W/C’s. The first floor is accessed through the ground floor and comprises a family bathroom, office and three double bedrooms. The second and third floors offer further residential accommodation benefitting from its own private access from the first floor. On the second floor there is a family bathroom, living room and kitchen. The third floor comprises of two double bedrooms. Externally, the property benefits from a small trade garden for approximately 10 covers. The property sits on a plot size of 0.043 of an acre and has a Gross Internal Area of approximately 4,000 square feet.
- Use Class: E
- Fully Built-Out as a Drinking Establishment
- Highly Desirable End Cap Space
- Central Air and Heating
- Kitchen
- Security System
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Secure Storage
- Energy Performance Rating - D
- DDA Compliant
- Private Restrooms
- Smoke Detector
- Wheelchair Accessible
- Free of Tie for all drinks and machines.
- Rent: £26,000 pa plus VAT, subject to annual RPI.
- Pub, bar or restaurant use.
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 4,000 SF | Gross Leasable Area | 4,000 SF |
| Property Type | Retail | Year Built | 1886 |
| Property Subtype | Bar |
| Total Space Available | 4,000 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 4,000 SF |
| Year Built | 1886 |
ABOUT THE PROPERTY
The property comprises a building of masonry construction arranged over four floors offering retail accommodation within. The premises currently trades as a bar. The property is located on Cheap Street within Newbury.
- Bus Line
- Security System
- Signage
- Wheelchair Accessible
- Energy Performance Rating - D
- Storage Space
- Smoke Detector
NEARBY MAJOR RETAILERS
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King Charles Tavern | 54 Cheap St
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