Coopers Yard and 80a High Street Newport Pagnell Milton Keynes Buckinghamshire MK16 8AQ

  • Coopers Yard and 80a High Street<br>Newport Pagnell<br>Milton Keynes<br>Buckinghamshire<br>MK16 8AQ

Coopers Yard and 80a High Street
Newport Pagnell
Milton Keynes
Buckinghamshire
MK16 8AQ

Freehold Office and Retail Investment

  • Substantial Site providing an office building, a retail unit together with car parking
  • 5,540 sq. ft. detached office building currently let to 3 tenants
  • Office building capable of further subdivision into smaller suites
  • Retail unit of 1,732 sq. ft. let to Specsavers Optical Superstores Ltd
  • Site area of 0.32 Ha (0.79 Acres)
  • Immediate asset management opportunities
  • Busy town centre location
  • Nearby occupiers include Superdrug, Costa, Nationwide, Oxfam and Newport Pagnell Medical Centre
  • Lot
    24
  • Auction
    30th October 2025
  • Rent
    £98,445 per Annum Exclusive
  • Status
    Available
  • Guide*
    £750,000
  • Auction Venue
    Live Streamed Auction
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Freehold Office and Retail Investment

  • Substantial Site providing an office building, a retail unit together with car parking
  • 5,540 sq. ft. detached office building currently let to 3 tenants
  • Office building capable of further subdivision into smaller suites
  • Retail unit of 1,732 sq. ft. let to Specsavers Optical Superstores Ltd
  • Site area of 0.32 Ha (0.79 Acres)
  • Immediate asset management opportunities
  • Busy town centre location
  • Nearby occupiers include Superdrug, Costa, Nationwide, Oxfam and Newport Pagnell Medical Centre
  • Lot 24
  • Auction 30th October 2025
  • Rent £98,445 per Annum Exclusive
  • Status Available
  • Guide* £750,000
  • Sector
    High Street Retail, Office
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
11 miles south west of Bedford, 47 miles north west of Central London
Roads
M1, A509, A422
Rail
Milton Keynes Central
Air
London Luton Airport
Situation

Newport Pagnell is a town in the City of Milton Keynes, benefitting from excellent communications via the M1 as well as direct trains to London Euston in 32 mins. The property is situated on the north side of High Street in the centre of Newport Pagnell, 3 miles north east of Milton Keynes City Centre. The property occupies a substantial site with vehicular access from Queens Avenue and pedestrian access from High Street. Nearby occupiers include Superdrug, Costa, Nationwide, Oxfam and Newport Pagnell Medical Centre.

Tenure

Freehold.

Location
Miles
11 miles south west of Bedford, 47 miles north west of Central London
Roads
M1, A509, A422
Rail
Milton Keynes Central
Air
London Luton Airport
Situation

Newport Pagnell is a town in the City of Milton Keynes, benefitting from excellent communications via the M1 as well as direct trains to London Euston in 32 mins. The property is situated on the north side of High Street in the centre of Newport Pagnell, 3 miles north east of Milton Keynes City Centre. The property occupies a substantial site with vehicular access from Queens Avenue and pedestrian access from High Street. Nearby occupiers include Superdrug, Costa, Nationwide, Oxfam and Newport Pagnell Medical Centre.

Tenure

Freehold.

Description

The property comprises a substantial town centre site of 0.32 Ha (0.79 Acres) providing a two storey office building, a separate shop fronting High Street as well as car parking for approximately 80 cars, of which, approximately 50 have been allocated for the use of an adjoining building, Newport Pagnell Medical Centre. The office building is currently occupied by three tenants, although may be capable of further subdivision into smaller suites.

The entire site may be suitable for development/change of use subject to the leases and obtaining the necessary consents.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial town centre site of 0.32 Ha (0.79 Acres) providing a two storey office building, a separate shop fronting High Street as well as car parking for approximately 80 cars, of which, approximately 50 have been allocated for the use of an adjoining building, Newport Pagnell Medical Centre. The office building is currently occupied by three tenants, although may be capable of further subdivision into smaller suites.

The entire site may be suitable for development/change of use subject to the leases and obtaining the necessary consents.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Address Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x.
12-15 Coopers Court Ground Office
75.67
(814)
MIDSHIRES CARE LIMITED
t/a Helping Hands
(1)
10 years from 30/06/2016
£9,500
12-15 Coopers Court First Office
84.95
(914)
ACTIVATE BUSINESS FINANCE LIMITED
(2)
2 years from 01/09/2023 until 28/09/2025
£13,000
16-23 Coopers Court Ground
First
Office
Office
179.77
174.42
(1,935)
(1,877)
GC UNITED KINGDON LIMITED
t/a GC Dental
(3)
1 year lease extension from 22/09/2025
(Held on two leases) (5)
£43,945
80a High Street Ground
First
Retail
Ancillary
75.28
85.68
(810)
(922)
SPECSAVERS OPTICAL SUPERSTORES LIMITED
t/a Specsavers
(4)
10 years from 02/01/2018
£32,000
Electricity Substation
at Old Coopers Yard
- Substation
-
-
WESTERN POWER DISTRIBUTION (EAST MIDLANDS) PLC 99 years from 25/12/1991
-
Total    
675.77
(7,272)
   
£98,445

(1) Helping Hands offer expert care and support to adults of all ages supporting their needs to live independently at home. (www.helpinghandshomecare.co.uk).
(2) Activate Business Finance is an independent commercial finance broker, providing bespoke funding solutions to help businesses grow (www.activate-finance.co.uk).
(3) GC Dental is a global dental product manufacturer, producing original products for use in Asia, Europe, Australasia and America (www.gc.dental).
(4) For the year ending 29/02/2024 Specsavers Optical Superstores Limited reported a turnover of £2,741,687,000, a pre-tax profit of £323,660,000 and a net worth of £239,593,000 (NorthRow).
(5) GC United Kingdom Limited occupy the property under two separate leases, the first at a rent of £18,315 pax, the second at a rent of £25,630 pax. Each of the leases provide a tenant option to determine on 22/03/2026. The original leases ran from 22/09/2015.
N.B. The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Charlie PowterCharlie Powter +44 (0)20 7034 4853 +44 (0)7768 120 904charlie.powter@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Lancaster House Nunn Mills Road
Northampton
NN1 5GE
Katie Wall +44 1604 463 136KWall@hcrlaw.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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