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136 Needlepin Way, Buckingham

Guide Price
£950,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

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SECTOR

Leisure facility for sale

Key features

  • Prime Roadside Investment Opportunity
  • Corner Restaurant Premises
  • Let on a New 10 Year Lease (No Breaks)
  • Index Linked Rent Reviews
  • Opposite Tesco Superstore and Lidl
  • Prime Roadside Pitch on Arterial Route
  • Investment Let at £86,000 p.a. (9% GIY on Guide Price)

Description

The property comprises a prime roadside restaurant investment opportunity let on a new 10 year lease with no breaks.

Arranged across ground floor, the property occupies a prime pitch at the corner of London Road and Needlepin Way. Immediately opposite the access to Tesco Superstore and Lidl. Other nearby occupiers include Travelodge, Premier Inn, Costa, McDonalds and a Shell Service Station.

The property is fully let on a new 10 year lease with no breaks to Enfes Restaurant Limited and paying £86,000 per annum. The lease includes index linked rent reviews in the 5th year and annually thereafter.

The property forms part of a prime roadside retail estate adjacent to the A421 the principal arterial route outside Buckingham and linking Milton Keynes, Buckingham, Brackley and the M40.

Brochures

136 Needlepin Way, Buckingham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverton Station9.1 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference EA29A9B1-F1AD-49A4-BC6F-CA259FD8A3BE. 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 Savills, Savills Auctions- Commercial. 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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