Offers over
£500,000
(£111.83/sq. ft)
Property for saleWinchcombe House, 123-126 Bartholomew Street, Newbury, West Berkshire RG14
4,471 sq. ft
Just added
About this property
Affluent and attractive South East town
Prominent town centre position
Situated adjacent to the former Kennet Shopping Centre which is undergoing a major redevelopment
Ground floor let to Subway franchisee on new 15-year lease from May 2026
Total income £55,000 per annum
Future potential to convert the upper parts to residential use
Offers in excess of £500,000 plus VAT, subject to contract
10.5% net initial yield
Situation
Newbury is an affluent and attractive market town within the M4 Corridor. The town is located approximately 96 km (60 miles) west of Central London, 32 km (20 miles) west of Reading and 45 km (28 miles) south of Oxford.
Situated on the River Kennet and the Kennet and Avon Canal, Newbury is steeped in history and surrounded by some of the UK's most outstandingly beautiful countryside. It is also the centre of the West Berkshire administrative area (population 161,000 as at 2021). Its geographical position and road and rail communications is expected to underpin its ambitions to grow as a preferred location for innovative and technology-based businesses. Newbury is located at the crossroads of the M4 Motorway, and the north- south A34 dual carriageway connecting the south coast to Oxford and beyond. The town is connected to the national railway network with a current fastest journey time to London Paddington of 42
Minutes (50 miles). Network Rail have recently electrified the route between Newbury and London which will result in more frequent services and even faster journey time.
Newbury boasts many historical attractions and places of interest as well as a world-famous racecourse.
The property is situated within the heart of the town centre, occupying a prominent corner position on Bartholomew Street, at its junction with Market Street.
Newbury train station is an approximate three-minute walk to the south.
The property benefits from being adjacent to the former Kennet Shopping Centre, which is undergoing a major redevelopment known as the 'Old Town' project. A planning application was approved by West Berkshire Council in September 2025 for the partial demolition of the existing building on site and the development of 317 new homes along with the provision of five new commercial units fronting Bartholomew Street and Market Place. The existing Vue cinema is set to remain in place, and the centre is served by a 500-space car park. For further information see .
The town's main pedestrianised retailing pitch of Northbrook Street including Parkway Newbury Shopping Centre is a five-minute walk to the north. Parkway Newbury comprises over 44,129 sq m (475,000 sq ft) of retail, restaurants and accommodation anchored by Marks & Spencer and Next. Other national retailers represented include H&M, New Look, Fat Face, Primark, Waterstones and Clarks.
Description
The property is a detached commercial building arranged over ground and three upper floors.
The ground floor comprises a retail unit occupied by Newbury Foods Limited, trading as Subway.
The first floor is occupied by Clay & Co and comprises a new pottery studio.
The second and third floors are occupied by Good Vibes Music Academy as a music showroom, tuition rooms and recording studio.
The property has an EPC rating of C, valid until June 2033.
Accomodation
The property has been measured by bkr Floor Plans and provides the following accommodation:
Net Internal Areas:
Ground Floor 81.66 sq m 879 sq ft
First Floor 84.45 sq m 909 sq ft
Second Floor 76.46 sq m 823 sq ft
Third Floor 58.99 sq m 635 sq ft
Total 301.55 sq m 3,246 sq ft
Gross Internal Areas;
Ground Floor 112.69 sq m 1,213 sq ft
First Floor 116.03 sq m 1,249 sq ft
Second Floor 102.38 sq m 1,102 sq ft
Third Floor 84.26 sq m 907 sq ft
Total 415.36 sq m 4,471 sq ft
Proposal
We are instructed to seek offers in excess of £500,000 (Five Hundred Thousand Pounds), subject to contract, reflecting a net initial yield of 10.5%, assuming purchasers' costs of 4.70%.
Please note that a purchaser will be re-charged the cost of the searches (£1,760.80) which are provided in the data room.
Viewing
Contact Shane Prater on or Email
Newbury is an affluent and attractive market town within the M4 Corridor. The town is located approximately 96 km (60 miles) west of Central London, 32 km (20 miles) west of Reading and 45 km (28 miles) south of Oxford.
Situated on the River Kennet and the Kennet and Avon Canal, Newbury is steeped in history and surrounded by some of the UK's most outstandingly beautiful countryside. It is also the centre of the West Berkshire administrative area (population 161,000 as at 2021). Its geographical position and road and rail communications is expected to underpin its ambitions to grow as a preferred location for innovative and technology-based businesses. Newbury is located at the crossroads of the M4 Motorway, and the north- south A34 dual carriageway connecting the south coast to Oxford and beyond. The town is connected to the national railway network with a current fastest journey time to London Paddington of 42
Minutes (50 miles). Network Rail have recently electrified the route between Newbury and London which will result in more frequent services and even faster journey time.
Newbury boasts many historical attractions and places of interest as well as a world-famous racecourse.
The property is situated within the heart of the town centre, occupying a prominent corner position on Bartholomew Street, at its junction with Market Street.
Newbury train station is an approximate three-minute walk to the south.
The property benefits from being adjacent to the former Kennet Shopping Centre, which is undergoing a major redevelopment known as the 'Old Town' project. A planning application was approved by West Berkshire Council in September 2025 for the partial demolition of the existing building on site and the development of 317 new homes along with the provision of five new commercial units fronting Bartholomew Street and Market Place. The existing Vue cinema is set to remain in place, and the centre is served by a 500-space car park. For further information see .
The town's main pedestrianised retailing pitch of Northbrook Street including Parkway Newbury Shopping Centre is a five-minute walk to the north. Parkway Newbury comprises over 44,129 sq m (475,000 sq ft) of retail, restaurants and accommodation anchored by Marks & Spencer and Next. Other national retailers represented include H&M, New Look, Fat Face, Primark, Waterstones and Clarks.
Description
The property is a detached commercial building arranged over ground and three upper floors.
The ground floor comprises a retail unit occupied by Newbury Foods Limited, trading as Subway.
The first floor is occupied by Clay & Co and comprises a new pottery studio.
The second and third floors are occupied by Good Vibes Music Academy as a music showroom, tuition rooms and recording studio.
The property has an EPC rating of C, valid until June 2033.
Accomodation
The property has been measured by bkr Floor Plans and provides the following accommodation:
Net Internal Areas:
Ground Floor 81.66 sq m 879 sq ft
First Floor 84.45 sq m 909 sq ft
Second Floor 76.46 sq m 823 sq ft
Third Floor 58.99 sq m 635 sq ft
Total 301.55 sq m 3,246 sq ft
Gross Internal Areas;
Ground Floor 112.69 sq m 1,213 sq ft
First Floor 116.03 sq m 1,249 sq ft
Second Floor 102.38 sq m 1,102 sq ft
Third Floor 84.26 sq m 907 sq ft
Total 415.36 sq m 4,471 sq ft
Proposal
We are instructed to seek offers in excess of £500,000 (Five Hundred Thousand Pounds), subject to contract, reflecting a net initial yield of 10.5%, assuming purchasers' costs of 4.70%.
Please note that a purchaser will be re-charged the cost of the searches (£1,760.80) which are provided in the data room.
Viewing
Contact Shane Prater on or Email
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