£400,000
(£236.97/sq. ft)
Office for sale59 & 61 Union Street, Newport Pagnell, Milton Keynes MK16
1,688 sq. ft
Freehold
About this property
Freehold retail property for sale.
High Street location in thriving town centre.
One ground floor unit let on a full repairing and insuring lease.
Redevelopment opportunity (STPP)
New key point...
Description
The property forms part of a historic terrace built of traditional red brick construction with render finishes and a long clay-tiled roof with ridge chimneys. Internally, the property is configured to provide 3 retail units at ground floor level with office accommodation to the upper parts.
The Tenant of 61, Sevy Styles are currently renewing their lease for a further 5 years with a break clause in the 3rd anniversary, the unit is fully self-contained and is fitted as a hair salon in the tenant bespoke inhouse style. Unit 59 is also self-contained and has recently been vacated, formerly a
hair salon. Unit 61a is not self-contained but has the benefit to use the staff welfare facilities of the upper floor. The office accommodation comprises 3 main suites and is fitted to a good specification including carpeted timber flooring electric heating, fluorescent strip lighting and perimeter wall mounted sockets.
Location
Newport Pagnell is a historic market located in the north-eastern fringe of Milton Keynes, approximately 4 miles north-east of Central Milton Keynes. The Town benefits from excellent road connectivity, positioned adjacent to J14 of the M1 Motorway and both the A422 and Wolverton road, which in turn provides direct routes to the surrounding suburbs and wider geographical circumference of Milton Keynes.
59-61 Union Street High Street occupies a prominent towncentre position adjacent with the Highstreet, the immediate vicinity is predominantly categorised by a wide range of local amenities including boutique retailers, restaurants, and everyday conveniences.
The property forms part of a historic terrace built of traditional red brick construction with render finishes and a long clay-tiled roof with ridge chimneys. Internally, the property is configured to provide 3 retail units at ground floor level with office accommodation to the upper parts.
The Tenant of 61, Sevy Styles are currently renewing their lease for a further 5 years with a break clause in the 3rd anniversary, the unit is fully self-contained and is fitted as a hair salon in the tenant bespoke inhouse style. Unit 59 is also self-contained and has recently been vacated, formerly a
hair salon. Unit 61a is not self-contained but has the benefit to use the staff welfare facilities of the upper floor. The office accommodation comprises 3 main suites and is fitted to a good specification including carpeted timber flooring electric heating, fluorescent strip lighting and perimeter wall mounted sockets.
Location
Newport Pagnell is a historic market located in the north-eastern fringe of Milton Keynes, approximately 4 miles north-east of Central Milton Keynes. The Town benefits from excellent road connectivity, positioned adjacent to J14 of the M1 Motorway and both the A422 and Wolverton road, which in turn provides direct routes to the surrounding suburbs and wider geographical circumference of Milton Keynes.
59-61 Union Street High Street occupies a prominent towncentre position adjacent with the Highstreet, the immediate vicinity is predominantly categorised by a wide range of local amenities including boutique retailers, restaurants, and everyday conveniences.
Mortgage calculator
Monthly repayment
£2,000 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}