Office for sale in Old Stratford Business Park, Falcon Drive, Old Stratford, Milton Keynes MK19

£1,300,000 (£112.82/sq. ft)
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Office for sale 11,523 sq. ft*
Tenure: Freehold Council tax band: Not available

Property features

  • Multi-Let Modern Office Development
  • Ten Office Suites Totaling 11,523 sq ft (1,070.5 sq m)
  • Currently producing £87,274 per annum
  • Erv of circa £150,000 (£13.00 per sq ft)
  • Potential for alternative uses (subject to planning)
  • Low Capital Value of £113 per sq ft
  • Five suites (4,582 sq ft) vacant, providing significant asset management potential
  • Guide Price of £1,300,000 reflects niy of 6.35%

Property description

The property comprises a modern two storey office development in a landscaped setting together with allocated parking.

The offices are configured in an "L" shaped terrace, comprising a total of eight individual units (a-h) with four common entrances providing 8 person passenger lifts.

Each office suite is self contained benefiting from gas fired central heating, suspended ceilings with recessed lighting, carpeted raised floors with floor boxes, kitchenette and a disabled WC.

Property info

Floorplan(s): Photo 8

Photo 8 View original

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

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Lambert Smith Hampton - Milton Keynes, MK9 on * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lambert Smith Hampton - Milton Keynes, and do not constitute property particulars. Please contact Lambert Smith Hampton - Milton Keynes 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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