127 High St - Office FOR SALE


Newport Pagnell, BKM MK16 8HD
$1,300,000 USD
127 High St, Newport Pagnell, BKM for Sale
$1,300,000 USD
Office - FOR SALE
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127 High St
Newport Pagnell, BKM MK16 8HD


HIGHLIGHTS

  • Town Centre location
  • Good passing traffic
  • Neighbouring public car park

OVERVIEW

Freehold investment/development with benefit of planning consent for 7 apartments. To include ground floor retail held on a full repairing and insuring 15 year lease to carpet retailer, expiring 30th June 2038, at a rent of £18,000 per annum, subject to break and rent review at years 5 & 10. Full repairing and insuring lease to Teeth In Line, lease has been recently extended to expire February 2039, with 3 year rent reviews, at a rental of £26,900 per annum. See Milton Keynes Council Planning Department website and Application No 23/02676 for more details.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

BM141415,BM360611,BM373037

ASK ABOUT THIS PROPERTY

Joanne McGirlStimpsons EvesMore Info

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