53 Cheap Street, Newbury, Berkshire, RG14 5BX
QU

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
243,889.00 £
Decreased by 15.46 %
from 288,504.00 £
Average area rental value
1,333.00 £/mo
Decreased by 3.62 %
from 1,383.00 £/mo
Est rental Yield
6.56 %
Increased by 14.09 %
from 5.75 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Quintons created the listing.

Nearby Schools

NameTypeOfstedDistance
St Nicolas C.E. Junior SchoolVoluntary Aided SchoolGood0.41 KM
Victoria Park Nursery School & Family HubLocal Authority Nursery SchoolOutstanding0.62 KM
West Family Hub - NewburyChildren's Centre0.62 KM
Icollege Alternative ProvisionPupil Referral UnitGood0.73 KM
St John The Evangelist C.E. Nursery And Infant SchVoluntary Aided SchoolGood0.98 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Mayors Lane £ 000.00 KM
Wharf Road £ 000.00 KM
Echo Walk £ 000.00 KM
Bridge Street £ 000.00 KM
Winchcombe Road £ 325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newbury3074NBY0.21 KM
Newbury Racecourse3071NRC1.60 KM
Thatcham3152THA8.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
42 Cheap Street, Newbury, Berkshire, RG14 5BX £ 1,100,000BUY6 / 100.00 KM
53 Cheap Street, Newbury, Berkshire, RG14 5BX £ 165,000BUY5 / 100.00 KM
Kings Road West, Newbury, Berkshire, RG14 £ 300,000BUY7 / 100.07 KM
Newbury, Berkshire, RG14 £ 275,000BUY7 / 100.09 KM
Bear Lane, Newbury, Berkshire, RG14 £ 229,950BUY6 / 100.10 KM

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