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Going under the hammer

Two properties on Cheap Street are going under the hammer at the end of the month in what could prove a significant moment for Newbury's forgotten corridor.

The most expensive of the two properties is the unmodernised Grade II listed mid terrace building 41/41A Cheap Street with a guide price of £280,000.

Although empty for many years, the building was last used by Hodgeson Furnishes.

The second building going for auction is said to be particularly interesting for rental investors and developers. A mid terrace building arranged as a lock-up shop and split level self-contained maisonette with potential to create two flats subject to usual consents.

K's Cafe and apartment have a guide price of £200,000.

Recently Cheap Street was hit by the news that Prohibition Bar would be closing and the Post Office is also moving on to Northbrook Street.

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