Sidney Phillips have successfully brokered and completed the sale of the Red House in Newbury.
The Red House is situated in a residential area in the sought after Berkshire town of Newbury. The local economy is inter-related to that of the eastern M4 corridor which has most of the industrial, logistical and research businesses close to Newbury, notably the headquarters of Vodafone UK and software company Micro Focus International, as well as being well known for its Racecourse.
The Red House is a two and three storey public house of red brick construction, located along Hampton Road, a tranquil residential area within a short walking distance to Newbury Station and the town centre.
The Red House is a traditional wet-led public house and has recently been granted planning permission for conversion into three residential units.
The freehold interest has been sold off an asking price of £380,000.
For further information about pubs for sale or how to sell your business, please contact Sidney Phillips on 01892 725900 or please take a look at our Buyer’s Guide.
(July 2022)