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Agent's details

Property agent
Joanne McGirl
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Investment/Development, High Street, Newport Pagnell, Buckinghamshire, MK16

For sale: £1,500,000.00|Other, Land, Other Property Types & Opportunities, Commercial Land
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Property details

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FOR SALE£1,500,000.00
ADDRESSInvestment/Development, High Street, Newport Pagnell, Buckinghamshire, MK16
TYPEOther, Land, Other Property Types & Opportunities, Commercial Land
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON20th February 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 )
Website for this property

Location

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Location: Investment/Development, High Street, Newport Pagnell, Buckinghamshire, MK16

Wolverton (3.5 miles)

Milton Keynes Central (4.0 miles)

Woburn Sands (5.4 miles)
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