143 - 145 Queensway, Bletchley, Milton Keynes, Buckinghamshire, MK2

Mixed Use Investment/Development For Sale

Description

A self contained retail investment with vacant first and second floor offices with parking to the rear. Situated within the town centre of Bletchley within a busy shopping parade. There is vehicular access to the rear of property with parking for 21 cars.

The retail elements are let on the following basis.
143 is let to a Pharmacy on 20 year lease expiring in April 2033 at a passing rent of £14,400 PAX There is an upwards only rent review in April 2028.
143a is let to Subway Realty on a 10 year term expiring in May 2032 at a rent of £12,500 PAX There is a tenants break in May 2027 with an upward only rent review in May 2027
143b is let to the T Team on a five year term expiring in November 2028 at a rent of £15,000 PAX. The lease is excluded from the security of tenure provisions of the landlord & tenant act 1954 part ii sections 24-28.

Each tenant has the use of 2 parking spaces in the carpark.

There will be open viewing sessions to be conducted on the following dates.
Monday 5th February 11am - 11:30am
Monday 19th February 11am - 11:30am
Monday 4th March 11am - 11:30am

Best and Final offers to be received by Wednesday 13th March at 5pm. All offers to be sent to Stephen Rajbenbach at Savoy Stewart - 020 7478 9110 / 07957 355397 / sr@savoystewart.co.uk.

Location

The premises are located in Queensway, Bletchley close to the entrance to the Brunel Shopping Centre. It is pedestrianised
area forming part of the main retail pitch in Queensway. Nearby occupiers include Coral, Home Bargains, Cash Converters
and Barclays.