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The Hub Phase II, The Hub, Midsummer Boulevard, Milton Keynes, MK9 2FB

POA
Bray Fox Smith Ltd, London
SIZE AVAILABLE

39,204 sq ft

3,642 sq m

SECTOR

Land for sale

Key features

  • Opportunity to deliver a high-density residential scheme
  • Prior planning approvals established principle of development
  • MK2050 vision supports the creation of a thriving and inclusive City
  • Offers invited

Description

The site extends to approximately 0.09 acres (0.036 hectares) and has been cleared by the vendors.

Positioned in the heart of Milton Keynes fronting the main pedestrian access to the Hub development in Milton Keynes, offering a wide array of well known bars, restaurants and lifestyle venues.

The previous outline planning approval established the density and residential led approach.

Award-winning architects Sursham Tomkins have designed an indicative residential scheme comprising 39 apartments, a mix of one and two-bedroom units, to demonstrate the site’s undoubted potential.

Unconditional and Subject to Planning offers are invited for the freehold interest.

The site presents an excellent opportunity to develop a comprehensive residential scheme in an increasingly popular location with end sales values at an attractive price point for owner occupiers and investors.

The site is located on South Fifth Street which lies adjacent to Avebury Boulevard, one of the key routes that forms the main grid road system in the town centre. Avebury Boulevard runs southwest to north east and connects the central railway station to Campbell Park.

The site occupies a central position in the town centre, immediately adjacent to The Hub which provides a wide array of shops, cafes and department stores, making it a perfect place to live, work and play.

Milton Keynes has emerged as a growth hotspots in the South East due to its improved connectivity to wider regions. House prices across the town have grown by 39% over the past ten years (land registry).

Viewings can be arranged by appointment through the sole agents.

Consented Scheme - The site falls within the jurisdiction of Milton Keynes Council. Outline planning consent had been granted but has now lapsed for a 44-unit Aparthotel (C3) over ground and nine upper floors as part of the wider planning consent. The consented GIA is 2,811 sq m although the size of apartments which range from 36 sq m to 44.5 sq m are considered large in comparison with many other UK provincial city Aparthotel developments. (Application reference: 18/02822/OUT).

Alternative Residential Scheme - Award winning architects Sursham Tomkins have designed an alternative residential scheme comprising 39 one and two bedroom apartments. The scheme has been designed to adopt the consented scale and massing within the apart hotel consent and provides residents with private amenity space, cycle storage and a communal roof terrace.

BFSL and Sursham Tomkins believe the site presents an excellent opportunity to deliver a comprehensive residential scheme that benefits from all of the local amenities that the wider Hub development provides.

Brochures

The Hub Phase II, The Hub, Midsummer Boulevard, Milton Keynes, MK9 2FB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Milton Keynes Central Station0.5 miles
  • Wolverton Station2.6 miles
  • Bletchley Station3.2 miles

About Bray Fox Smith Ltd, London

2nd Floor Prince Frederick House 35-39 Maddox Street London W1S 2PP

Bray Fox Smith are a small niche agency practice that specialises in all aspects of office space and industrial properties throughout the major UK office centres. BFS are based in Central London and only give partner level attention to any work they undertake and advise both landlords and occupiers alike.

Office Investment, Development, Sales, Leasing and Acquisition:

We have done everything from re-gearing leases for both landlords and tenants to leasing of vacant office space. We have advised landlords in purchases of new office investments and office development land.

Industrial Investment, Development, Sales, Leasing and Acquisition:

The range of industrial property services provided is mirrored throughout the Industrial market. Indeed we have advised on several high profile site sales and have shown a broader knowledge when a change of use is particularly relevant.

Notes

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