Property photos
Freehold
£1,500,000
Land for sale
Investment/Development, High Street, Newport Pagnell, Buckinghamshire MK16Local area information
Property location
Nearby amenities
- Cedars Primary School 0.1 miles
- Tickford Park Primary School 0.4 miles
- Wolverton 3.6 miles
- Milton Keynes Central 4.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Ground floor investment
- Upper floors residential development potential.
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 & 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.
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 & 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.
More information
Listed by
Stimpsons Eves
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