PART INCOME PRODUCING REDEVELOPMENT OPPORTUNITY
Summary
- End of terrace building with rear yard
- High Street location in thriving town centre
- Rental income of £14,000 pa exclusive.
- c. 0.2 acres of rear yard
- Planning permission is being submitted for 5 apartments
Location
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.55-57 Union Street High Street occupies a prominent town centre position adjacent with the Highstreet, the immediate vicinity is predominantly categorised by a wide range of local amenities including boutique retailers, restaurants, and everyday conveniences.
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Mainline Stations
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Wolverton73 mins
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Milton Keynes Central83 mins
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Woburn Sands108 mins
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Bow Brickhill113 mins
Underground Station
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Chesham518 mins
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Amersham560 mins
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Chalfont and Latimer575 mins
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Chorleywood602 mins
Further Information
Price £700,000
Rates Payable £4,233.60 per annum
EPC Rating This property has been graded as E (108)
Description
The property forms part of a historic terrace built of traditional red brick construction with render finishes and a long clay-tiled roof with ridge chimneys. Unit 57 is self-contained and provides treatment rooms across ground, first and second floors and is under offer to a private induvial for a beauty aesthetics salon.
Flanking the buildings is a rear yard extending to approximately 0.2 acres and is suitable for redevelopment, there is a planning application being submitted for 5 apartments.
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