ADDRESSInvestment/Development, High Street, Newport Pagnell, Buckinghamshire, MK16
TYPEOther, Land, Other Property Types & Opportunities, Commercial Land
TENUREUnder Offer, For Sale Freehold
POSTED ON30th August 2024
Description
Freehold investment/development with benefit of planning consent for 7 apartments. To include ground floor retail held on a full repairing and insuring 15 year lease to carpet retailer, expiring 30th June 2038, at a rent of £18,000 per annum, subject to break and rent review at years 5 and 10. Full repairing and insuring lease to Teeth In Line, lease has been recently extended to expire February 2039, with 3 year rent reviews, at a rental of £26,900 per annum. See Milton Keynes Council Planning Department website and Application No 23/02676 for more details. ( Agency Pilot Software ref: 871 )