Grade II Listed • Mixed-Use Freehold • Seven Tenanted Units • 4643sq ft
A rare opportunity to acquire a handsome Grade II listed, mixed-use investment property occupying a prominent position on one of England’s finest and most celebrated High Streets. Coming to the open market for the first time in over 50 years, 139 High Street offers the discerning investor a well-established income stream from seven fully tenanted units within a striking three-storey period building at the heart of this thriving Wiltshire market town.
With two retail units on fixed commercial leases and five residential flats generating rolling rental income, the property delivers the kind of diversified, low-risk investment profile that rarely comes to market in a location of this calibre.
AT A GLANCE
• Grade II listed period building
brick and block construction with wattle & daub, lime render and painted façade
• First time on the open market in over 50 years
• Seven income-producing units, all currently tenanted
• Two ground-floor retail units on fixed-term commercial leases
• Five residential flats (one, two & three-bedroom) on rolling contracts
• Total gross internal area approximately 4643sq ft
• South and South-East facing aspects, excellent natural light
• Private passage access alongside No. 140 High Street
THE PROPERTY
Set within the heart of Marlborough’s vibrant High Street, 139 is a striking three-storey building enjoying exceptional footfall and prominence. The property is brick and block construction with wattle & daub, lime render and painted façade and benefits from both a southerly street aspect and south-easterly rear orientation
ensuring good natural light throughout.
At ground-floor level to the front, two well-configured retail units provide direct High Street frontage and are currently occupied on fixed-term commercial leases. A shared WC on the first floor serves both commercial tenants.
Accessed privately via the side passage between 139 and 140 High Street, the residential element comprises five self-contained flats. To the rear at ground-floor level is a two-bedroom flat known as ‘Spangles’. Above, on the first and second floors, are a further four flats
ranging from one to three bedrooms
providing an attractive mix of unit types that appeals to a wide tenant demographic. All five residential units are held on rolling tenancy agreements.
ACCOMMODATION SCHEDULE
Unit Description
139a High Street Ground floor
retail unit (High Street frontage) 715sq ft
139b High Street Ground floor
retail unit (High Street frontage) – 461sq ft
‘Spangles’ Flat Ground floor rear
2 bedroom residential flat – 663sq ft
Flat 1 First floor
3 bedroom residential flat – 1091sq ft
Flat 2 Second floor
1 bedroom residential flat – 530sq ft
Flat 3 First floor
1 bedroom residential flat – 524sq ft
Flat 4 Second floor
2 bedroom residential flat – 659sq ft
SERVICES & TENURE
Services Mains water and drainage, electricity, gas-fired central heating throughout - Spangles fully electric.
Retail tenure Fixed-term commercial leases, class E
full rental details available on request
Residential tenure All five flats on rolling tenancy agreements
Total area Approximately 4643sq ft gross internal area
Council Tax / EPC– ‘Spangles’ Band B / D
Council Tax / EPC– Flat 1 Band C / D
Council Tax / EPC – Flat 2 Band B / D
Council Tax / EPC– Flat 3 Band A / D
Council Tax / EPC – Flat 4 Band B / D
Broadband:
Standard 18 Mbps 1 Mbps Good
Superfast 80 Mbps 20 Mbps
Mobile: Vodafone, EE, O2 and 3
Location:
Surrounded by beautiful countryside, Marlborough is a special market town in the heart of Wiltshire which enjoys a cafe culture and vibrant High Street. There is a Waitrose supermarket and great choice of restaurants with coffee shops and a good mix of national brands and independent retailers. It enjoys regular markets in the High Street which is one of the widest in the UK and there are a variety of culture and social events such as music, art and literature festivals. A recent addition to the town is the parade cinema. The town features a literary festival and the well-known Marlborough College Summer School. The surrounding countryside includes the Savernake Forest and West Woods at Lockeridge and provides for a multitude of outdoor sports and hobbies. Marlborough has excellent schooling with St Johns Academy close by and is also home to the renowned private school Marlborough College. There are two golf courses nearby, a tennis club, leisure centre and gyms in town with shooting, fishing and flying within easy distance. Racing at Newbury.
In the area there are two train stations with services to London (Paddington 65mins) at Great Bedwyn and Pewsey. The M4 J15 is about 10 mins drive away.