Commercial property for sale in High Street, Newport Pagnell, Buckinghamshire MK16

£550,000
Interested in this property? Call +44 1908 942493 * or Request Details

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Commercial property for sale

Property features

  • Two retail units currently let
  • First floor office let on licence
  • Ground rents to flats

Property description

Two ground floor retail units with ground rents to first floor flats.
43 High Street - Let to Deli on a 10 year full repairing lease expiring on 1st March 2034. Passing rent £18,000 pa subject to review upward only linked to cpi every second year with a collar of 2% and a cap of 5%.
45 High Street - Let to Homes on Web on a 5 year full repairing and insuring lease expiring 31st October 2026. Passing rent £14,500 pa subject to review as of 1st November 2024.
6 St Johns Terrace - Tenant to be confirmed. Licence to Occupy. Monthly rent £350.
Ground rents in respect of Flats 2,4,8 & 10 with 106 years remaining at peppercorn.

Property info

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For more information about this property, please contact
Stimpsons Eves, MK16 on +44 1908 942493 * (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 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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