£375,000
(£143.79/sq. ft)
Industrial for sale27 Blundells Road, 27 Blundells Road, Bradville, Milton Keynes MK13
2,608 sq. ft
Just added
Leasehold
About this property
Investment located on popular Milton Keynes Industrial Estate
Of interest to investors
Strong occupier demand
Annual upwards only rent reviews
Estimated Rates Payable: £11601.75
Description
The subject property comprises an end-of-terrace light industrial unit currently used for motor repair. The building features profile steel-clad elevations beneath a flat roof incorporating translucent roof‐light panels.
Access is provided via a roller shutter door located at the front of the unit. The minimum eaves height is approximately 4.87 metres.
The property is let on a 7 year (less one day) lease commencing on 1 August 2023 and expiring on 30 July 2030. The current passing rent is £25,300 per annum exclusive. The lease provides for annual, upwards only rent reviews, effective on 1 July each year during the term. The agreement is contracted out of the security of tenure provisions of the Landlord and Tenant Act 1954.
Location
The subject property is situated on the Bradville Industrial Estate in Milton Keynes, approximately two miles north of Central Milton Keynes. The estate benefits from excellent connectivity: Milton Keynes Railway Station is around a five minute drive away, the A5 can be reached in approximately two minutes, and the nearest junction of the M1 motorway is also within a five minute drive.
The subject property comprises an end-of-terrace light industrial unit currently used for motor repair. The building features profile steel-clad elevations beneath a flat roof incorporating translucent roof‐light panels.
Access is provided via a roller shutter door located at the front of the unit. The minimum eaves height is approximately 4.87 metres.
The property is let on a 7 year (less one day) lease commencing on 1 August 2023 and expiring on 30 July 2030. The current passing rent is £25,300 per annum exclusive. The lease provides for annual, upwards only rent reviews, effective on 1 July each year during the term. The agreement is contracted out of the security of tenure provisions of the Landlord and Tenant Act 1954.
Location
The subject property is situated on the Bradville Industrial Estate in Milton Keynes, approximately two miles north of Central Milton Keynes. The estate benefits from excellent connectivity: Milton Keynes Railway Station is around a five minute drive away, the A5 can be reached in approximately two minutes, and the nearest junction of the M1 motorway is also within a five minute drive.
Mortgage calculator
Monthly repayment
£1,875 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}