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HIGH STREET, NEWPORT PAGNELL

01234 584681

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0 bed

0 bath

Property description & features

Tenure: Freehold
Commercial freehold investment
Prominent position in a busy high street
Retail area, kitchen and wc
Monthly rent is £1,650.00
Current tenants wish to continue
Radiator central heating

A RARE OPPORTUNITY TO ACQUIRE THE FREEHOLD INTEREST OF THIS COMMERCIAL PERIOD BUILDING. THESE RETAIL PREMISES ENJOY A PROMINENT FRONTAGE ON THE BUSY HIGH STREET IN THE CENTRE OF THIS POPULAR MARKET TOWN. COMPRISING A SHOP AREA WITH SEPARATE KITCHEN AND WC. LET TO ECIGWIZARD AT A PASSING RENT OF £19,800.00 PER ANNUM.

Tenure: Freehold

Rooms

PREMISES
RETAIL AREA: 596 SQ FT (55.75 SQ M) KITCHEN AREA: 28.5 SQ FT (2.65 SQ M) WC The premises benefit from radiator central heating, fired by an electric boiler. Unrestricted public parking is available nearby.

TERMS
TERMS AND TENURE: The premises are let to Ecigwizard on a ten-year lease that expired on the 30th November 2022. We are informed the current tenants wish to continue and are currently being held over under the terms of their assigned lease. RENT: The monthly rent is £1,650.00. The freehold purchaser will also benefit from the ground rents paid by the two apartments above the shop. Apartment 75A and 75B each pay a ground rent of £75.00 and were let on 125-year leases from the 21st September 2007. COMMERCIAL BUSINESS RATES: The rateable value is £14,250.00, payable per annum at £7,110.75. Please note the building is Grade II listed.

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Stephen Oakley & Co - Olney

35 High Street Olney MK46 4EB

01234 584681

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Stephen Oakley & Co are an established independent estate agency, providing a professional service for selling all types of property from a one bedroom apartment to a substantial country home. In addition they have a rental department specialising in the letting and management of residential properties. They have a commercial department, dealing with the disposal and leasing of shops and offices. The Professional Agent The only fully licenced agent by the NAEA & ARLA in Olney. A fully bonded member firm of The National Association of Estate Agents (NAEA) and a participating member of the NAEA Client Money Protection Scheme in respect of lettings and management, licensed by ARLA for residential lettings and management. Stephen Oakey & Co are members of the Property Ombudsman, also members of the Olney Chamber of Trade. In addition, Stephen Oakley & Co are members of Home Link, the NAEA Nationwide Referral Service. If you have a property to sell or let or are in the market to buy or rent a property you will be in safe hands with Stephen Oakley & Co. Stephen Oakley, the proprietor, is a Fellow of the National Association of Estate Agents (FNAEA) and has over thirty years of experience working and residing within the local property market. During this time, he has gained an in depth knowledge and has seen many changing markets. Committed to excellence, Stephen leads his accomplished team from the front line and is involved in the everyday running of the business. The company trades from an attractive double fronted period building, which commands a prominent High Street position and we have added a new Window Display which features high-tech state of the art monitors with LED light pockets, within the busy market town of Olney, near Milton Keynes. For a location map and direction to our offices please head to our site. The company also has an associated office in Central London at Cashel House in Mayfair.

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Property reference C6372. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Stephen Oakley & Co - Olney.

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Mobile phone signal availability and predicted strength

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Clear: No bars, no signal predicted
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