Property photos
Freehold
£550,000
Property for sale
High Street, Newport Pagnell, Buckinghamshire MK16Local area information
Property location
Nearby amenities
- Cedars Primary School 0.2 miles
- Tickford Park Primary School 0.3 miles
- Wolverton 3.8 miles
- Milton Keynes Central 4.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Two retail units currently let
- First floor office let on licence
- Ground rents to flats
Two ground floor retail units with ground rents to first floor flats.
43 High Street - Let to Deli on a 10 year full repairing lease expiring on 1st March 2034. Passing rent £18,000 pa subject to review upward only linked to cpi every second year with a collar of 2% and a cap of 5%.
45 High Street - Let to Homes on Web on a 5 year full repairing and insuring lease expiring 31st October 2026. Passing rent £14,500 pa subject to review as of 1st November 2024.
6 St Johns Terrace - Tenant to be confirmed. Licence to Occupy. Monthly rent £350.
Ground rents in respect of Flats 2,4,8 & 10 with 106 years remaining at peppercorn.
43 High Street - Let to Deli on a 10 year full repairing lease expiring on 1st March 2034. Passing rent £18,000 pa subject to review upward only linked to cpi every second year with a collar of 2% and a cap of 5%.
45 High Street - Let to Homes on Web on a 5 year full repairing and insuring lease expiring 31st October 2026. Passing rent £14,500 pa subject to review as of 1st November 2024.
6 St Johns Terrace - Tenant to be confirmed. Licence to Occupy. Monthly rent £350.
Ground rents in respect of Flats 2,4,8 & 10 with 106 years remaining at peppercorn.
More information
Listed by
Stimpsons Eves
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