Pub for sale

Savoy Crescent, Milton Keynes, Buckinghamshire, MK9

12,465 sq. ft. | £157,000

Property Description

Commercial information

  • 12,465 sq ft (1,158 sq m)
  • Use class orders: A4 Drinking Establishments

Key features

  • Incentives available - subject to status
  • Nil Premium
  • Premises currently closed

Full description

Tenure: Leasehold

•Prominent property situated in the pedestrianised theatre district
•Well configured accommodation
•Current rent of £157,000
•Occupiers nearby include Milton Keynes Theatre, The Slug and Lettuce, Zizzi and Electric Social


A substantial property which is of steel framed under a multi pitched roof.

Ground Floor
Trading accommodation with single bar servery and laid out with a variety of tables and fixed booths. Stores, male toilets, a cellar and atrium area seating area.

First Floor
First floor trading with single bar servery, stores and female toilets are located at this floor.

Second Floor
Kitchen, cellar, staff room, stores, staff wash room, staff toilets, managers office are all located at on the second floor.

Third Floor
Plant occupies the third floor.

Tenure
Held on a lease with an expiry at 24 March 2024 at a current rent of £132,000 per annum, an addition lease is held on the Atrium with a current rent of £25,000. The property is subject to 5 yearly upwards only rent reviews with next review in March 2019. The property is also subject to a service charge of £36,000 per annum


More information from this agent

Nearest stations

  • Milton Keynes Central (1.2 mi)
  • Wolverton (2.7 mi)
  • Fenny Stratford (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

CBRE Ltd, London

Henrietta House Henrietta Place, London, W1G 0NB

020 3858 2752 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Milton Keynes Central (1.2 mi)
  • Wolverton (2.7 mi)
  • Fenny Stratford (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

CBRE Ltd, London

Henrietta House Henrietta Place, London, W1G 0NB

020 3858 2752 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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