Commercial property for sale in 2 Bridge Street, Buckingham MK18

Offers over £425,000 (£303.57/sq. ft)
Commercial property for sale 1,400 sq. ft*
Interested in this property? Call +44 1234 671986 * or Request Details

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Property features

  • Mixed use investment premises
  • Let to Domino's Pizza
  • 4 one bedroom flats

Property description

Prominent location close to centre of Buckingham. Ground floor retail lock up with extensive ancillary storage and staff facilities.

The retail unit is let to Dominoes Pizza trading as dp Realty Limited, by way of a 20 year full repairing and insuring lease from 2016, with tenants break at the end of the 11th year at a rent of £24,000 per annum exclusive.

The freehold investment also includes 4 x 1 bedrooom flats at first and second floor within the building, let by way of 99 year leases from 1st January 1988, at a ground rent of £50 per annum per flat, increasing to £100 per annum per flat from 1st January 2021. On the basis that each flat has circa 70 years remaining, a premium will be payable by the long leaseholder to extend the lease of each flat in due course.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Stimpsons Eves, MK40 on +44 1234 671986 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Stimpsons Eves, and do not constitute property particulars. Please contact Stimpsons Eves for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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