Commercial property for sale in Freehold Investment Portfolio, High Street, Newport Pagnell, Buckinghamshire MK16, £300,000

300,000.00

Offer Nr.:
65046566
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Stimpsons Eves
Phone(s):
01908 942493

* Freehold
* Investment Portfolio
* Retail, Residential and Land
* Guide price offers in excess of £300, 000.
An investment portfolio comprising a ground floor retail premises, residential
first floor flat and building plot to the rear, with planning consent.
The retail is let by way of a 10 year lease from 2022 to Keech Hospice
expiring in 2032, subject to a break at the fifth year 2027, at a rental of
£15, 000 per annum exclusive. The residential flat has been sold on a 125 year
long leasehold, with 100 years remaining at a ground rent of £200 per annum,
and a licence for a parking space at £120 per annum. The land to the rear
comprises 2 building plots and has planning consent for residential (Please
note the planning consent includes neighbouring land owned by another party
and rights of way to be granted from Union Street to building plots).

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