90 Queensway
Bletchley, Milton Keynes
Buckinghamshire
MK2 2RU

Prominent Retail Investment

  • Prominent position on Bletchley's principal retailing thoroughfare
  • Tenant in occupation since at least 2009
  • 4 miles south of Milton Keynes
  • Nearby occupiers include Specsavers, Barclays, Halifax and Lloyds banks and Greggs
  • Lot
    76
  • Auction
    13/Jul/2017
  • Rent
    £11,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Property Update
  • 90 Queensway<br>Bletchley, Milton Keynes<br>Buckinghamshire<br>MK2 2RU
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Property Information

Location
Miles
4 miles south of Milton Keynes, 22 miles north-west of Luton, 47 miles north-west of London
Roads
M1, A5, A421
Rail
Bletchley Railway Station
Air
London Luton Airport
Situation

Bletchley is located some four miles south of Milton Keynes and has excellent communications to London via the M1. The property is situated on the south side of Queensway, the principal retailing street in Bletchley. Neighbouring occupiers include Specsavers, Barclays, Halifax and Lloyds banks and Greggs. The Brunel Shopping Centre is some 100 metres to the west.

Tenure

Virtual Freehold. Held for a term of 999 years from completion at a fixed peppercorn rent.

Description

The property comprises a ground floor retail unit which forms part of a larger building.

VAT

VAT is applicable to this lot.

Note

96 Queensway is being offered as lot 67.

Completion Period

Six Week Completion

Buyer's Legal Report

For the ease and convenience of prospective buyers,to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is advisable. For more information, please click here.

Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
GroundRetail
32.96 sq m
(355 sq ft)
INDIVIDUAL t/a
Pattni Jewellers
6 years from
30/03/2017 (1)
£11,00029/03/2023
Totals
32.96 sq m
(355 sq ft)
  £11,000 

(1) The lease provides for a tenant option to determine the lease on 29th March 2020.

Property Documents

  • Site Plan
    Updated Date
    21.06.17
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    21.06.17
    File Size
    1,002 KB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Seller's Solicitors
Boyes Turner LLP Abbots House , Abbey Street
Reading
RG1 3BD
Philip Jacques 0118 952 7246pjacques@boyesturner.com

Useful Links

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