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43-45 High Street, Newport Pagnell, Milton Keynes, MK16 8AR

£425,000

£245.66 per sq ft

Business rates & charges may apply

Louch Shacklock & Partners LLP, Milton Keynes
SIZE AVAILABLE

1,730 sq ft

161 sq m

SECTOR

Commercial property for sale

Key features

  • Freehold retail investment FOR SALE.
  • High Street location in thriving town centre.
  • Two ground floor units let on full repairing and insuring leases.
  • First floor office let on a licence at a monthly rent.
  • Rental income of £37,000 pa exclusive.

Description

The property comprises a Grade II Listed, three storey building, built of solid brick construction C. 17th century with mid-19th century refronting and 20th century alterations and additions, incorporating red brick Flemish bond with a glazed frontages to both 43 & 45 with timber frames finishes and sash windows to the upper parts, under a tiled roof.
43 High Street is a self-contained unit, currently tenanted by D’oro 24 an independent café operator. The property is fitted in their bespoke inhouse style and comprises a front sales/seating area, barista bar plus kitchen area flanked by rear storage and W/C facilities.
45 High Street is a self-contained unit, currently tenanted by Homes on Web, a residential estate & lettings agency. The property is fitted as a modern office with laminated timber flooring, LED strip lighting and perimeter data trunking. 6 St Johns Terrace is a first-floor office premise access via the rear and is currently tenanted by a private individual on a monthly licence.
The upper parts comprise 4 residential flats which have been sold off on a Long Leasehold basis (125-year leases from 17th March 2003).

Newport Pagnell is a historic market located in the north-eastern fringe of Milton Keynes, approximately 4 miles north-east of Central Milton Keynes. The Town benefits from excellent road connectivity, positioned adjacent to J14 of the M1 Motorway and both the A422 and Wolverton road, which in turn provides direct routes to the surrounding suburbs and wider geographical
circumference of Milton Keynes.
43 & 45 High Street occupies a highly desirable and prominent town-centre position, the immediate vicinity is predominantly categorised by a wide range of local amenities including boutique retailers, restaurants, and everyday conveniences.

Brochures

43-45 High Street, Newport Pagnell, Milton Keynes, MK16 8AR

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverton Station3.8 miles
  • Milton Keynes Central Station4.3 miles
  • Woburn Sands Station5.6 miles

About Louch Shacklock & Partners LLP, Milton Keynes

The Barn, 16 Warren Yard, Warren Park, Stratford Road, Milton Keynes, MK12 5NW

Louch Shacklock's partners and key personnel have practiced in the Milton Keynes area for more than 25 years.

We pride ourselves on offering clear, accurate and responsive advice. And upon these principles we have developed a reputation for forging long-term, productive relationships with our clients.

Notes

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Disclaimer - Property reference 382534-1. 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 Louch Shacklock & Partners LLP, Milton Keynes. 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.