Property photos
Freehold
£300,000
Retail premises for sale
High Street, Stony Stratford, Milton Keynes MK11Local area information
Property location
Nearby amenities
- Russell Street School 0.1 miles
- St Mary and St Giles Church of England School 0.2 miles
- Wolverton 2.1 miles
- Milton Keynes Central 3.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Venture Commercial are pleased to introduce a charming double-fronted period property with a freehold status. This Grade II listed building is situated on a bustling high street within the historical market town of Stony Stratford, offering a prime location for businesses and residents alike. This property exudes character and heritage.
The property boasts a mixed-use accommodation layout, comprising two Class E commercial retail units on the ground floor and a one-bedroom flat (Class C3) on the first floor. The ground floor retail units are both visually appealing, with attractive boutique aesthetics and ample street-facing window displays.
Retail unit 1 provides approximately 139 sq ft of retail space, complemented by approximately 74 sq ft of internal storage space.
Retail unit 2 offers approximately 152 sq ft of retail space and is currently occupied by an art supply shop, generating an annual income of £6,000. This unit presents an opportunity for potential flexibility.
The first-floor residential flat, accessed through a communal door off the main High Street, offers a comfortable living space comprising a living room, bedroom, kitchen area, and bathroom/showroom. Currently rented under an assured short hold tenancy agreement, the flat generates an annual income of £9,000 (£750 per month). With some light refurbishment, the flat has the potential to be further enhanced.
Externally, the property features a courtyard patio, garden, and an external storage building. The generous rear garden offers scope for extension and development, subject to obtaining the necessary planning consent.
This is an exciting opportunity to own a freehold property with mixed-use potential in a sought-after location. Whether you are an investor looking for rental income or a business owner seeking a prime retail space, this property offers versatility and development potential.
The property boasts a mixed-use accommodation layout, comprising two Class E commercial retail units on the ground floor and a one-bedroom flat (Class C3) on the first floor. The ground floor retail units are both visually appealing, with attractive boutique aesthetics and ample street-facing window displays.
Retail unit 1 provides approximately 139 sq ft of retail space, complemented by approximately 74 sq ft of internal storage space.
Retail unit 2 offers approximately 152 sq ft of retail space and is currently occupied by an art supply shop, generating an annual income of £6,000. This unit presents an opportunity for potential flexibility.
The first-floor residential flat, accessed through a communal door off the main High Street, offers a comfortable living space comprising a living room, bedroom, kitchen area, and bathroom/showroom. Currently rented under an assured short hold tenancy agreement, the flat generates an annual income of £9,000 (£750 per month). With some light refurbishment, the flat has the potential to be further enhanced.
Externally, the property features a courtyard patio, garden, and an external storage building. The generous rear garden offers scope for extension and development, subject to obtaining the necessary planning consent.
This is an exciting opportunity to own a freehold property with mixed-use potential in a sought-after location. Whether you are an investor looking for rental income or a business owner seeking a prime retail space, this property offers versatility and development potential.
More information
Listed by
Venture Commercial
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