53 Cheap Street, Newbury, Berkshire, RG14 5BX
By Quintons
£ 165,000
Reviews
2 out of 5 stars
Quintons says ..
The property comprises a self-contained ground floor retail space set within Cheap Street Newbury. The space is currently used as a hairdressers and includes main salon, rear beauty room, rear kitchen and then separate WC. The salon includes tiled floor, large display windows either side of a cen...
Property Oracle says ..
This property is a ground floor retail space in Newbury town centre, currently operating as a hairdressing salon. The location on Cheap Street is advantageous, benefiting from high visibility and footfall. The salon itself includes a main salon area, a beauty room, a kitchen, and a separate WC. The provided images showcase the interior of the establishment. The main salon appears well-equipped with modern styling stations. The beauty room seems adequately furnished. However, the kitchen and some other areas need more thorough cleaning and seem somewhat cluttered. The overall condition is functional, but minor renovations or upgrades could improve its overall appeal and value. The lack of details regarding the precise square footage and plot size prevents a full valuation. The absence of bedrooms and bathrooms is expected for this type of commercial property. Given the location and its potential as a commercial enterprise, the asking price could be viewed as within a reasonable range, but further information on the exact size and a full property survey are required to fully assess the value and market price. The competitive landscape for similar properties in the area would need further investigation before providing a definitive valuation. This property offers a good opportunity for those seeking a well-located commercial property in Newbury. However, potential buyers should budget for potential minor refurbishment and cleaning. A professional valuation from a qualified surveyor would be recommended before any financial commitment.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 8
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 243,889.00 £Decreased by 15.46 %
- Average area rental value
- 1,333.00 £/moDecreased by 3.62 %
- Est rental Yield
- 6.56 %Increased by 14.09 %
- Crime Rate
- 24.00 %Unchanged by 0.00 %
Agent Activity
Quintons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Nicolas C.E. Junior School | Voluntary Aided School | Good | 0.41 KM |
| Victoria Park Nursery School & Family Hub | Local Authority Nursery School | Outstanding | 0.62 KM |
| West Family Hub - Newbury | Children's Centre | 0.62 KM | |
| Icollege Alternative Provision | Pupil Referral Unit | Good | 0.73 KM |
| St John The Evangelist C.E. Nursery And Infant Sch | Voluntary Aided School | Good | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mayors Lane | £ 0 | 0 | 0.00 KM |
| Wharf Road | £ 0 | 0 | 0.00 KM |
| Echo Walk | £ 0 | 0 | 0.00 KM |
| Bridge Street | £ 0 | 0 | 0.00 KM |
| Winchcombe Road | £ 325,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newbury | 3074 | NBY | 0.21 KM |
| Newbury Racecourse | 3071 | NRC | 1.60 KM |
| Thatcham | 3152 | THA | 8.77 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 42 Cheap Street, Newbury, Berkshire, RG14 5BX | £ 1,100,000 | BUY | 6 / 10 | 0.00 KM |
| 53 Cheap Street, Newbury, Berkshire, RG14 5BX | £ 165,000 | BUY | 5 / 10 | 0.00 KM |
| Kings Road West, Newbury, Berkshire, RG14 | £ 300,000 | BUY | 7 / 10 | 0.07 KM |
| Newbury, Berkshire, RG14 | £ 275,000 | BUY | 7 / 10 | 0.09 KM |
| Bear Lane, Newbury, Berkshire, RG14 | £ 229,950 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Apartment 2 Clock House | £ 310,000 | 0.12 KM |
| 15 Ashridge Court | £ 95,000 | 0.29 KM |
| 18 Ashridge Court | £ 25,000 | 0.29 KM |
| 37 Ashridge Court | £ 82,000 | 0.29 KM |
| 31 Ashridge Court | £ 28,000 | 0.29 KM |