£17,500 pa
(£21.03/sq. ft. pa)
Retail premises to let41 High Street, Newport Pagnell, Buckinghamshire MK16
832 sq. ft
Just added
Available immediately
About this property
For sale / may let: Freehold Town Centre Retail Premises
Vacant ground floor retail of 832 sq ft (77.29 sq m
2 bedroom flat sold on 125 year lease from March 2002
Location: Newport Pagnell is an historic, thriving market town in the north-east of Buckinghamshire, situated approximately six miles to the north of Milton Keynes. It has easy access to Junction 14 of the M1 motorway; 20 minutes drive from both Bedford and Northampton, and within a 10 minute drive from the main railway station in Milton Keynes. Newport Pagnell has attracted an increasing amount of investment and of economic growth, due to its fortunes being intertwined with the growth of Milton Keynes. This has led to a number of new housing developments in the area. Newport Pagnell attracts a great deal of passing trade and the High Street offers a wide selection of shops, pubs, restaurants and ample free car parking.
The property: The property occupies a prominent location on the High Street, opposite Costa Coffee and Willen Hospice, and close to the Post Office, The Swan Revived Hotel and other local independent retailers. It is of traditional construction arranged over three floors offering retailing to the ground floor of 832 sq ft (vacant) and a two-bedroom residential flat above (held on a 125 year leae from 28th March 2002).
The ground floor shop comprises a sales are of 572 sq ft with rear kitchen/office/store of 260 sq ft.
Tenuure
Freehold - We are instructed to offer our client's freehold interest for sale at a guide price of £225,000, subject to contract. We understand that VAT will be payable on the sale price.
Leasehold: A letting of the vacant ground floor premises may be considered on the basis of an effective full repairing & insuring lease for a term to be agreed. A rent of £17,500 per annum exclusive is sought. In all cases the landlord will require a minimum three month rent deposit as security for the period of the lease.
The property: The property occupies a prominent location on the High Street, opposite Costa Coffee and Willen Hospice, and close to the Post Office, The Swan Revived Hotel and other local independent retailers. It is of traditional construction arranged over three floors offering retailing to the ground floor of 832 sq ft (vacant) and a two-bedroom residential flat above (held on a 125 year leae from 28th March 2002).
The ground floor shop comprises a sales are of 572 sq ft with rear kitchen/office/store of 260 sq ft.
Tenuure
Freehold - We are instructed to offer our client's freehold interest for sale at a guide price of £225,000, subject to contract. We understand that VAT will be payable on the sale price.
Leasehold: A letting of the vacant ground floor premises may be considered on the basis of an effective full repairing & insuring lease for a term to be agreed. A rent of £17,500 per annum exclusive is sought. In all cases the landlord will require a minimum three month rent deposit as security for the period of the lease.
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