Lot 23 details
6 Week completion
Located in the same parade as William Hill and Lloyds Bank and only approx. 100 yards from the junction with High Street which houses a variety of multiple retailers including Costa Coffee, Superdrug, Martins and a Post Office.
Newport Pagnell lies approx. 5 miles north of Milton Keynes and 55 miles north-west of London benefitting from good road access to the M1 (Junction 14) some 2 miles to the south.
Forming part of a parade comprising a Ground Floor Shop with internal and separate rear access to a Self-Contained Flat (currently used as offices) on the first floor with uPVC windows. In addition, the property benefits from use of a rear service road.
Ground Floor Shop
Gross Frontage 20'10"
Internal Width 19'7"
Shop Depth 31'1"
Built Depth 37'11"
First Floor Flat (currently used as offices)
3 Rooms, Kitchen, Shower Room/WC
(GIA Approx. 720 sq ft)
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to ACCL Limited (car leasing) for a term of 10 years from 1st September 2015 (renewal of a previous lease - in occupation since 2009) at a current rent of £21,500 per annum exclusive.
Rent Review 2020
Tenant's Breaks September 2018 & September 2021.