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The Wharf, Watling Street, Bletchley, Milton Keynes, Buckinghamshire, MK2
Investment, Industrial, Other
0.8 Acres (0.32 Hectares)
£1,100,000 for the Long Leasehold, Leasehold Purchase Price £1,100,000
Description
- The estate comprises 8 industrial / warehouse units and a detached two storey residential property with views over the Grand Union Canal
- Benefitting from two access point via Watling Street and Simpson Road, the site also has shard yard / parking areas and provides a varied mix of unit sizes.
- The annual rental income of £95,000 reflects a gross yield of 8.6% and the quoting price reflects prices reflects a low capital value of approximately £90 per sq ft.
Location
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The property is on Watling Street in the centre of Fenny Stratford approximately 2.5 miles from Bletchley, 4 miles from Milton Keynes, and 18 miles from Luton.
Fenny Stratford has excellent transport links with the A5 being approximately 1 mile away and Junction 13 of the M1 Motorway being approximately 8 miles. Fenny Stratford provides regular train services to London Euston via Bletchley train station.
More Information
Terms
The property is held on a 175 year leasehold title from the 31st of March 2006 (title number BM312337) with the freehold owned by British Waterway. A copy of the leasehold documentation is available upon request.
Available at a guide price of 1,100,000 on an unconditional basis. VAT is payable on the purchase price.