Property photos
Freehold
£550,000
(£501.82/sq. ft)
Retail premises for sale
Freehold, 29, Portfields Road, Newport Pagnell, Buckinghamshire MK161,096 sq. ft
Local area information
Property location
Nearby amenities
- Ousedale School 0.3 miles
- Portfields Primary School 0.4 miles
- Wolverton 3.1 miles
- Milton Keynes Central 3.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Newport Pagnell to find out more about the local area.
Features and description
- Freehold
- Ground Floor Retail
- 3 apartments
- Generating annual rental £39,300
Mixed-use investment opportunity boasts a prime location within a popular residential area, offering a blend of residential and retail spaces that guarantee steady returns. Ground floor retail/use class E which generates a reliable monthly income of £650. The property has three residential flats, each achieving a consistent rental income of £875 per calendar month, with the option to extend the current tenancy agreement for a further 3 years.
With a combined and potential rental income of £3,275 per calendar month, this commercial property offers a compelling investment proposition for discerning investors seeking stable returns in an attractive market. The diversified income streams from both residential and retail sectors ensure resilience and long-term profitability.
With a combined and potential rental income of £3,275 per calendar month, this commercial property offers a compelling investment proposition for discerning investors seeking stable returns in an attractive market. The diversified income streams from both residential and retail sectors ensure resilience and long-term profitability.
More information
Listed by
Stimpsons Eves
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