£2,600,000
Retail premises for saleHigh Street, Stony Stratford, Milton Keynes MK11
Freehold
About this property
• Mid terraced, Grade II* Listed, mixed use building
• Prime position on Stony Stratford’s historic High Street
• Comprises 4 retail units, 8 office suites, a three-bedroom house with garage and garden and car park with 28 spaces.
• Commercial accommodation of approx. 375 sq. M. (4,036 sq. Ft.)
• Residential accommodation of approx. 195.6 sq. M. (2,105 sq. Ft.)
• Site area of approximately 0.37 acres.
• Considerable asset management potential
• Fully let commercial parts and house offered with full vacant possession.
• Producing £126,100 per annum exc. Rising to a minimum of £134,500 by September 2026 and £135,000 by September 2027.
• Price on Application
Location
Stony Stratford is a vibrant and popular market town known as the Jewel of Milton Keynes and is approximately five miles Northwest of Central Milton Keynes, eight miles South of Towcester and eight miles Northeast of Buckingham. The town is easily accessible to the A5 and A508 roads and the M1 Motorway (Junction 14) is 7 miles to the East.
The property occupies a prominent position on the High Street with occupiers in the immediate vicinity including Costa Coffee, Boots, Coral and the famous Cock Hotel and Bull Hotel. There is a vibrant mix of independent and national retailers and popular restaurants and bars.
Description
Stratford Arcade comprises a three storey, Grade II* listed red brick building with frontage to the High Street. The building dates back to the late 18th Century originally constructed as a house and then occupied by Cox and Robinson the Chemist in 1863 who remained in occupation until the 1980’s when they relocated to the Market Square nearby.
The ground floor provides a central pedestrianised arcade with retail units off either side with each unit having their own good quality fit out. The original apothecary shelving boxes used by Cox and Robinson remain in situ in one of the retail units. The arcade has a glazed roof which provides excellent natural light.
From the central arcade is an internal staircase leading to the first and second floors which comprises several small office suites. There is a second staircase towards the rear of the arcade on one side which provides access to customer & communal WC’s.
At the end of the arcade is a small covered courtyard which (truncated)
Accommodation
The house and garage comprise approximately 195.6 sq. M. Including the large full length attic space.
The commercial parts comprise approximately 375 sq. M.
Beyond the house and garage is a long, narrow car park with 28 spaces, 20 of which are for the tenants of Stratford Arcade, 5 are let on an annual licence to an occupier of an office building and 3 are utilised by the current residents of Mews Cottage.
Terms
The three separate freehold interests under Title Numbers BM279697, BM240293 and BM279708 are available for sale.
The commercial units under Title BM279697 is to be sold subject to tenancies in place. The House under Title BM240293 is to be sold with full vacant possession and BM279708 is the car park utilised by the commercial tenants.
Price on Application.
VAT
We have been advised that there is no VAT payable on the purchase price
EPC
Each unit and the house has its own EPC which have ratings between ‘A’ and ‘D’. Please contact the agent for more information.
Viewing Contact
Viewings are strictly by appointment only via the sole Agent - Duncan Batty at Berrys or
• Prime position on Stony Stratford’s historic High Street
• Comprises 4 retail units, 8 office suites, a three-bedroom house with garage and garden and car park with 28 spaces.
• Commercial accommodation of approx. 375 sq. M. (4,036 sq. Ft.)
• Residential accommodation of approx. 195.6 sq. M. (2,105 sq. Ft.)
• Site area of approximately 0.37 acres.
• Considerable asset management potential
• Fully let commercial parts and house offered with full vacant possession.
• Producing £126,100 per annum exc. Rising to a minimum of £134,500 by September 2026 and £135,000 by September 2027.
• Price on Application
Location
Stony Stratford is a vibrant and popular market town known as the Jewel of Milton Keynes and is approximately five miles Northwest of Central Milton Keynes, eight miles South of Towcester and eight miles Northeast of Buckingham. The town is easily accessible to the A5 and A508 roads and the M1 Motorway (Junction 14) is 7 miles to the East.
The property occupies a prominent position on the High Street with occupiers in the immediate vicinity including Costa Coffee, Boots, Coral and the famous Cock Hotel and Bull Hotel. There is a vibrant mix of independent and national retailers and popular restaurants and bars.
Description
Stratford Arcade comprises a three storey, Grade II* listed red brick building with frontage to the High Street. The building dates back to the late 18th Century originally constructed as a house and then occupied by Cox and Robinson the Chemist in 1863 who remained in occupation until the 1980’s when they relocated to the Market Square nearby.
The ground floor provides a central pedestrianised arcade with retail units off either side with each unit having their own good quality fit out. The original apothecary shelving boxes used by Cox and Robinson remain in situ in one of the retail units. The arcade has a glazed roof which provides excellent natural light.
From the central arcade is an internal staircase leading to the first and second floors which comprises several small office suites. There is a second staircase towards the rear of the arcade on one side which provides access to customer & communal WC’s.
At the end of the arcade is a small covered courtyard which (truncated)
Accommodation
The house and garage comprise approximately 195.6 sq. M. Including the large full length attic space.
The commercial parts comprise approximately 375 sq. M.
Beyond the house and garage is a long, narrow car park with 28 spaces, 20 of which are for the tenants of Stratford Arcade, 5 are let on an annual licence to an occupier of an office building and 3 are utilised by the current residents of Mews Cottage.
Terms
The three separate freehold interests under Title Numbers BM279697, BM240293 and BM279708 are available for sale.
The commercial units under Title BM279697 is to be sold subject to tenancies in place. The House under Title BM240293 is to be sold with full vacant possession and BM279708 is the car park utilised by the commercial tenants.
Price on Application.
VAT
We have been advised that there is no VAT payable on the purchase price
EPC
Each unit and the house has its own EPC which have ratings between ‘A’ and ‘D’. Please contact the agent for more information.
Viewing Contact
Viewings are strictly by appointment only via the sole Agent - Duncan Batty at Berrys or
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