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53 High Street, Newport Pagnell, Buckinghamshire, MK16

Investment
2,833 Sq Ft (263.19 Sq M)
£450,000 Offers in the region of

Investment For Sale

Description

  • INVESTMENT SALE
  • The Property comprises a former banking hall of upper ground and basement floors located in the centre of Newport Pagnell High Street
  • The location is considered a prime pitch within the High Street
  • The property is currently being operated as a restaurant
  • The ground floor accommodation comprises mainly open plan retail accommodation with display windows to both elevations

Location

  • Located on a prominent corner in Newport Pagnell town centre.
  • Within easy walking distance to all local amenities.
  • Excellent access to the M1 motorway, A509 and A422 trunk road.
  • Approximately 4 miles to the Northeast of Central Milton Keynes.
  • 3 miles to J14 of the M1 motorway.

More Information

Terms

The premises are to be sold on a freehold investment basis with the benefit of the existing tenants at a guide price of £450,000 exclusive reflecting a gross yield of 7.2%.

EPC

The property has an EPC of C - 53

Business Rates

Rateable Value - £38,000
Interested parties are advised to contact the relevant Local Authority.

Contact Us

Nick Bosworth
(Ba Hons) PG DipSurv

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