Home > Auctions > 16 September 2025 16 September 2025 - 9:00am > Lot 111

16 September 2025: Tuesday 16 September 2025 - 9:00am
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    Key features

    • Suitable for Investors, Developers and Owner-Occupiers
    • Freehold Vacant Office Opportunity
    • 26,388 sq ft (2,452 sq m)
    • 87 Car Parking Spaces (1:303 sq ft)
    • Large Site of 1.57 acres (0.64 hectares)
    • Asset Management Potential Via Letting
    • Opportunity to Split into Multiple Suites
    • Development/Conversion Potential (subject to consents)
    • Situated within an Established Business Park
    • Offered with Full Vacant Possession

    Description

    The property comprises a vacant office opportunity with a number of asset management and conversion opportunities.

    Arranged as a self-contained office accross ground and first floors, the property offers 26,388 sq ft (2,452 sq m) of accommodation and occupies a large site of 1.57 acres (0.64 hectares).

    The accommodation currently comprises open plan office space with additional meeting and training rooms. Having undergone refubishment in 2020 the property would be suitable for a variety of occupiers and we therefore consider the property offers evident asset management potential via letting, the property could also be split into suites to create a multi-let investment.

    Newbury Business Park is the town’s premier business address with frontage to the A4 London Road and less than 1 mile from the station and other central amenities. Notable tenants within the park include Canon, Freixenet, Capgemeni and Siemens.

    Additional information

    Tenure

    Freehold

    Accommodation

    • Ground - 12,257 sq ft (1,139 sq m)
    • First - 12,909 sq ft (1,199 sq m)
    • Reception - 1,222 sq ft (114 sq m)


    Total - 26,388 sq ft (2,452 sq m)


    Office Specifications


    • Suspended Ceilings
    • Air Conditioning
    • Male, Female and Disabled WCs (all floors)
    • 1 x 13 Person Lift
    • Shower Facilities (all floors)
    • Kitchen Areas (all floors)

    Tenancy

    Vacant

    Planning

    Whilst Newbury Business Park is an established office location, a number of buidings within the park have been converted to residential use. The property therefore may also be suitable for a similar opportunity to convert to alternative uses, including residential (subject to obtaining the requisite consents).

    Notes

    We understand the property is elected for VAT.

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        No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

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        Local information

        Location

        Newbury Station provides a frequent and direct train service to London Paddington and Reading; the park is also near a further station at Newbury Racecourse which offers local services.

        Newbury enjoys excellent road connections being located at the junction of the A34 and M4. The A34 dual carriageway is the major north-south route linking the Channel ports of Southampton and Portsmouth to The Midlands, and intersects the M4 for fast connections to Bristol and London/M25 at Junction 13 approximately 4 miles north of Newbury town centre. There is alternative access to the M4 via Junction 12 at Theale.

        Transport

        Rail

        • Reading - 16 mins
        • London Paddington - 43 mins

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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