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COMMERCIAL

MILLBROOK HOUSE APARTMENTS, High Street, Milton, Nr. Abingdon

£1,000,000
Green & Co, Wantage
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Description

A three-building complex of 10 fully equipped, serviced, short-let apartments comprising a block of 7, converted in 2007 out of the original 1989 building and an additional block of 3, built in 2015 plus a former stable block providing for ancillary uses, all set around a central courtyard providing ample car parking.

Location

Milton village lies just north of the A34 “Milton Interchange” near Didcot, adjacent to the extensive Milton Technology and Science Park and within a short drive of Didcot Parkway mainline station.

High Street is the main road running north/south through the village. From the A34 interchange follow the signs for Milton (village) and on entering the village Millbrook House Apartments will be found on the right-hand side, after the right turn for Pembroke Lane. When visiting please pull off the road and into the courtyard on your left.

Accommodation (all dimensions approximate)

3 x 2 bed apartments over two floors;
3 x 1 bed apartments (1 x ground floor & 2 x first floor);
1 x 2 bed apartment (ground floor & disabled friendly);
3 x studio apartments (2 x ground floor & 1 x first floor); and
A former stable block which comprises a laundry room for guests and service staff, a store room for servicing equipment, a small convenience shop & store room and three further store rooms. These last three rooms offer potential for additional letting accommodation (subject to a change of use planning consent). There is also a rear garden to the larger apartment block, an electric vehicle charging station and wi-fi service.

Price guide and terms

Profit and loss accounts for the last 3 trading years are available on request. All-inclusive offers for the freehold of the land, business goodwill and inventory are invited.

VAT

We understand the land is opted in for VAT purposes and therefore VAT is payable in addition.

Business Rates

Rateable Value (April 2023) - £13,500. Small Business Rate Multiplier 2024/25 is x 0.499 = £6,736.50 payable but, as the RV is between £12,000 and £15,000 those eligible for Small Business Rate Relief should be able to claim a discount from the local rating authority (contact details below).

Utility services

Mains water, electricity, gas and drainage are connected. Telephone/broadband by subscription.

EPC rating

A very good 66/C. Full details available on request.

Planning history

V09/00250/FUL dated 22/04/2009, V04/01638/FUL dated 21/07/2005 and a s.106 agreement dated 14/07/2005 securing the use of the new buildings under Use Class C1 as self-catering accommodation ongoing apply.

Local planning and rating authority

Vale of White Horse District Council
Abbey House, Abbey Close, Abingdon, Oxon OX14 3SE
Tel:

Viewing

By prior appointment with the sole agent Green & Co Commercial and Development Agency, during usual business hours, Monday to Friday only. Tel. (ref. RH) or email robin. directly
Utility services
Mains water, electricity, gas and drainage are connected. Telephone/broadband by subscription.

Brochures

Property BrochureFull Details

MILLBROOK HOUSE APARTMENTS, High Street, Milton, Nr. Abingdon

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Didcot Parkway Station2.6 miles
  • Appleford Station2.7 miles
  • Culham Station3.4 miles

About Green & Co, Wantage

33 Market Place, Wantage, OX12 8AL

Residential House Sales 01235 763562

Residential Lettings 01235 763563

Commercial & Development 01235 763561

Green & Co is one of South Oxfordshire's leading independent estate agents excelling in all aspects of property marketing and advice including residential sales, residential lettings, commercial, planning, land, new homes, and agricultural property.

The firm was originally established in 1793 in the existing office and whilst the faces have changed, high quality service and maintaining the strongest local reputation remains our policy.

We have an experienced team of 15, all who will be pleased and able to help you.

We are members of Propertymark, Client Money Protection and the Property Redress Scheme.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 12432517. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Green & Co, Wantage. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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