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COMMERCIAL

Market Place, Olney

£1,750 pcm
£21,000 pa
Marcus Jordan & Co Ltd, Olney

Letting details

Let available date:
Now
Deposit:
£3,500A deposit provides security for a landlord against damage, or unpaid rent by a tenant.Read more about deposit in our glossary page.
Let type:
Long term
Furnish type:
Furnished
PROPERTY TYPE

Retail Property (high street)

BEDROOMS

1

BATHROOMS

1

SIZE

Ask agent

Key features

  • Prime Market Place town centre location
  • Approximately 800 sq ft of accommodation
  • Ground floor retail space approx. 426 sq ft
  • Additional first floor retail/office rooms
  • Dual aspect with frontage to Market Place
  • Rear access onto attractive Rose Court
  • Gas radiator central heating
  • Private kitchen and WC facilities
  • Lease assignment available or new lease subject to status

Description

Marcus Jordan & Co. are delighted to present these prime retail premises occupying a highly prominent position on the bustling Market Place in the heart of this attractive and highly sought-after market town. Benefiting from excellent visibility and consistent pedestrian footfall, the property represents an outstanding opportunity for a variety of retail or service-based businesses seeking a central and well-connected trading location.
Positioned directly on the busy Market Place, the premises enjoy a dual aspect with an attractive frontage onto the main square, ensuring excellent exposure to passing trade, together with rear access onto the charming Rose Court, which provides additional accessibility and character. This highly visible location places the property amongst a range of established independent retailers, cafés, and local businesses, contributing to the vibrant commercial environment of the town centre.
The premises are available by way of an assignment of the existing five-year lease, which commenced in 2022, or alternatively a new lease may be made available to suitable applicants, subject to status and negotiation. The property will be available for occupation from the end of March 2026.
The accommodation extends to a minimum of approximately 800 sq ft and is arranged over two levels, offering flexible retail space suitable for a variety of uses (subject to the necessary consents). The property also benefits from gas-fired radiator central heating, private kitchen facilities, and WC accommodation.
The main ground floor retail area extends to approximately 426 sq ft and provides a bright and welcoming trading environment. The space benefits from the aforementioned dual aspect, with display frontage onto the busy Market Place and secondary access from Rose Court at the rear, offering both visibility and practicality for staff access or deliveries.
The first floor provides additional versatile accommodation and comprises two further retail or office areas together with kitchen and rest facilities. Whilst this level would benefit from some updating, it offers excellent potential for additional retail space, offices, treatment rooms, or storage depending on business requirements.
The principal first-floor room measures approximately 245 sq ft and enjoys two windows overlooking the Market Place, providing good natural light. This attractive room features a high ceiling and a period fireplace, creating a space full of character and potential.
A further rear room extends to approximately 145 sq ft and benefits from a window overlooking Rose Court, making it suitable for a variety of ancillary uses including office space, consultation room, or storage.
In addition, the property includes a kitchen/rest room area measuring approximately 12? x 7?3 (maximum), fitted with a traditional butler sink and housing the boiler cupboard, with a window to the rear elevation.
Overall, this well-located property offers a rare opportunity to secure retail premises in a prime town centre trading position with flexible accommodation arranged over two floors. The premises would suit a wide range of occupiers looking to establish or expand their presence within this thriving market town.

Lease Terms:
The property is available at a rent of £21,000 per annum exclusive plus VAT. A deposit will be required (details available on request).
Business Rates:
The current rateable value is £15,250, with rates payable of approximately £6,588 per annum. Small Business Rates Relief may be available depending on the tenant?s eligibility, and interested parties are advised to make their own enquiries with the local authority.
Please note that electricity, water and business rates (where applicable) will be the responsibility of the tenant.

Market Place, Olney

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverton Station7.5 miles

About Marcus Jordan & Co Ltd, Olney

1 Market Place, Olney, MK46 4EA
Industry affiliations:Industry affiliation logo 0

MARCUS JORDAN & CO is an independent company specialising solely in Residential Lettings and Property Management and consisting of a team of highly motivated property professionals.

Based in Olney the company operates over a wide area including Buckinghamshire, Bedfordshire and Northamptonshire.

Landlords and tenants often make decisions based on cost but it is important to ensure you ask your agent for details of the organisation they are regulated by and whether or not they are covered by a client money protection scheme.

If the agent you are using cannot provide you with the assurance of knowing they are covered by a client money protection scheme the question you need to ask is why not?

As members of THE PROPERTY OMBUDSMAN for Lettings we are proud to have signed up for higher standards and have made commitments to its Codes of Practice.

We are also registered as a SAFE AGENT and as such, whether you are a Landlord or a Tenant, you can rest assured that we protect landlords and tenants money through client money protection schemes.

We are also members of the NATIONAL APPROVED LETTINGS SCHEME (NALS) as well as THE DISPUTE SERVICE (TDS) further ensuring compliance with all relevant legal and financial requirements.

Notes

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Disclaimer - Property reference 731. 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 Marcus Jordan & Co Ltd, Olney. 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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