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 13th July 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Status Withdrawn Post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
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.
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
EPC
The EPC will be available to view online in the solicitor’s legal pack.
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
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground
Retail
32.96 sq m
(355 sq ft)
INDIVIDUAL t/a Pattni Jewellers
6 years from 30/03/2017 (1)
£11,000
29/03/2023
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.
