Former Fuel Depot, Pound Lane RG19

Former Fuel Depot, Pound Lane RG19

Newbury Racecourse 1.2 miles
Winston Way 0 miles
Garden Centre - Pound Lane 0.1 miles

The property comprises two workshops and offices.  The main workshop is of steel portal frame construction with asbestos type cement cladding to the side elevations and roof. It is arranged in two bays with loading door to side (4.39 Wide x 4.77 high) an eaves height of 4.779m and height to pitch of 6.34m.  The Smaller Workshop/ Storage unit is of concrete block construction with steel trusses, supporting asbestos cement clad roof. This element includes a concrete floor with inspection pit and has the benefit of 2 loading doors (4.2w x 3.9h), an eaves 3.97m and height to pitch 5.61m.  The offices which are located to side are carpeted with florescent lighting and air-conditioning and include male and female W/C with a small kitchenette positioned to rear.
  
Externally there is a block paved and hardcore secure yard area.

Key Features

  • Self Contained Site
  • A Rare Freehold Opportunity
  • Secure Yard
  • Workshops & Offices
  • Redevelopment Potential

Location

Newbury is located in the county of Berkshire, The fuel depot is situated on Pound Lane to the East of Newbury just north of Lower Way. The site is located in a predominantly residential area with dwellings directly to the west and east and amenity space to the rear. Access is provided by a right of way from Pound Lane.

Terms & Conditions

Freehold with the benefit of a right of way from the adopted highway.

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.
 
To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.
 
Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Wholesale interest rates can be lower than retail (bank branch) interest rates
  • You get more loan options because they work with numerous banks and lenders
  • Brokers can finance tricky deals because of their knowledge and various lending partners
  • Are typically easier to get in contact with, less bureaucratic.

However with your bank maybe able to:

  • Build off existing relationship (discounts if you have a checking/saving account)
  • You may already know the banker who will handle your mortgage
  • Perhaps more trustworthy, more accountable than a smaller shop
  • Lower interest rates in some cases
  • Ability to add mortgage to existing banking profile and make automatic payments from linked account.

When it comes to making an offer on a property a bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.


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Combined with over 150 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how
Carter Jonas can help you make your next move.

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Don't forget to use our innovative and unique property wizard to help you find properties you would may not have initially considered, and remember that by registering an account you can make an offer online on your dream home 24/7.

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When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Situational Details
Tenure
Freehold Application
Type
B2 - B8 (General Industrial and Storage & Distribu
Carter Jonas reference
20010600
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