Retail for sale

2 Bridge Street, Buckingham, MK18 1EL

£450,000

For sale: 2 Bridge Street, Buckingham, MK18 1EL 

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For sale £450,000
6 months ago.
Contact details
020 86XX XXXX Click to reveal
Asking price
£450,000
Type
Retail
Size
1,400 sq ft
Features
Storage, Train transport

: Prominent location close to centre of Buckingham. Ground floor retail lock up with extensive ancillary storage and staff facilities.
The retail unit is let to Dominoes Pizza trading as DP Realty Limited, by way of a 20 year full repairing and insuring lease from 2016, with tenants break at the end of the 11th year at a rent of £24,000 per annum exclusive.
The freehold investment also includes 4 x 1 bedrooom flats at first and second floor within the building, let by way of 99 year leases from 1st January 1988, at a ground rent of £50 per annum per flat, increasing to £100 per annum per flat from 1st January 2021. On the basis that each flat has circa 70 years remaining, a premium will be payable by the long leaseholder to extend the lease of each flat in due course.

All VOA ratings for 2 Bridge Street BUCKINGHAM MK18 1EL

Browse valuations on GOV.UK
2 BRIDGE STREET BUCKINGHAM MK18 1EL
Total area
130.2 m² / 1,401.46 sq ft
Rateable value
£16,000
Description
Shop and premises
Floor Description Area Value
Basement Internal Storage 35.9 m² / 386.42 sq ft £539
Basement Unclassified Area 8.5 m² / 91.49 sq ft £191
Ground Office 81.6 m² / 878.33 sq ft £15,116
Ground Kitchen 4.2 m² / 45.21 sq ft £189

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National rail 14.6m Wolverton
Nearest airport 44.7m London Luton

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Stimpsons Eves. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stimpsons Eves for full details and further information. Also view the agent details from Stimpsons Eves.