Property

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Property

High Street, Stony Stratford, Milton Keynes MK11
£1,395,000

Our Summary

  • Investment opportunity to purchase a substantial mixed commercial and residential site producing a significant annual income
  • A rare opportunity to purchase a substantial mixed residential and commercial investment opportunity comprising 2x residential apartments, High Street shop, office building, large joinery workshop, 2 further workshops, substantial garaging, large yard, and ample parking - all set on a large town centre plot of around half an acre in size

Description

A substantial mixed commercial and residential site in a prime High Street location in Stony Stratford, producing a significant annual income through various tenancies. The property comprises 2x residential apartments, a High Street shop, office building, large joinery workshop, 2 further workshops, substantial garaging, and a large yard, set on a plot of around half an acre. The buildings total approximately 10,000 ft.2 in size, with the majority of the property being new-build properties constructed following a fire in around 2016. The site is freehold and subject to 2 residential assured shorthold tenancies and 4 commercial tenancies, with the potential for further income through vacant possession. The property has an Energy Performance Rating of D for Flat A and C for Flat B.
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