Land for sale in Investment/Development, High Street, Newport Pagnell, Buckinghamshire MK16
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Property features
- Ground floor investment
- Upper floors residential development potential.
Property 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 & 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.
Property info
For more information about this property, please contact
Stimpsons Eves, MK40 on +44 1234 671986 * (local rate)
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.