1 /5
£300,000
High Street, Newport Pagnell, MK16
- 0 beds
£300,000
- 0 beds
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Estimate monthly mortgage payment:
£1,370 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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A RARE OPPORTUNITY TO ACQUIRE THE FREEHOLD INTEREST OF THIS COMMERCIAL PERIOD BUILDING. THESE RETAIL PREMISES ENJOY A PROMINENT FRONTAGE ON THE BUSY HIGH STREET IN THE CENTRE OF THIS POPULAR MARKET TOWN. COMPRISING A SHOP AREA WITH SEPARATE KITCHEN AND WC. LET TO ECIGWIZARD AT A PASSING RENT OF £19,800.00 PER ANNUM.
Tenure: Freehold
PREMISES
RETAIL AREA: 596 SQ FT (55.75 SQ M)
KITCHEN AREA: 28.5 SQ FT (2.65 SQ M)
WC
The premises benefit from radiator central heating, fired by an electric boiler.
Unrestricted public parking is available nearby.
TERMS
TERMS AND TENURE:
The premises are let to Ecigwizard on a ten-year lease that expired on the 30th November 2022. We are informed the current tenants wish to continue and are currently being held over under the terms of their assigned lease.
RENT:
The monthly rent is £1,650.00. The freehold purchaser will also benefit from the ground rents paid by the two apartments above the shop. Apartment 75A and 75B each pay a ground rent of £75.00 and were let on 125-year leases from the 21st September 2007.
COMMERCIAL BUSINESS RATES:
The rateable value is £14,250.00, payable per annum at £7,110.75.
Please note the building is Grade II listed.
Tenure: Freehold
PREMISES
RETAIL AREA: 596 SQ FT (55.75 SQ M)
KITCHEN AREA: 28.5 SQ FT (2.65 SQ M)
WC
The premises benefit from radiator central heating, fired by an electric boiler.
Unrestricted public parking is available nearby.
TERMS
TERMS AND TENURE:
The premises are let to Ecigwizard on a ten-year lease that expired on the 30th November 2022. We are informed the current tenants wish to continue and are currently being held over under the terms of their assigned lease.
RENT:
The monthly rent is £1,650.00. The freehold purchaser will also benefit from the ground rents paid by the two apartments above the shop. Apartment 75A and 75B each pay a ground rent of £75.00 and were let on 125-year leases from the 21st September 2007.
COMMERCIAL BUSINESS RATES:
The rateable value is £14,250.00, payable per annum at £7,110.75.
Please note the building is Grade II listed.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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Property details
£300,000
property for sale
High Street, Newport Pagnell, MK16
A RARE OPPORTUNITY TO ACQUIRE THE FREEHOLD INTEREST OF THIS COMMERCIAL PERIOD BUILDING. THESE RETAIL PREMISES ENJOY A PROMINENT FRONTAGE ON THE BUSY HIGH STREET IN THE CENTRE OF THIS POPULAR MARKET TOWN. COMPRISING A SHOP AREA WITH SEPARATE KITCHEN AND WC. LET TO ECIGWIZARD AT A PASSING RENT OF £19,800.00 PER ANNUM.
Tenure: Freehold
PREMISES
RETAIL AREA: 596 SQ FT (55.75 SQ M)
KITCHEN AREA: 28.5 SQ FT (2.65 SQ M)
WC
The premises benefit from radiator central heating, fired by an electric boiler.
Unrestricted public parking is available nearby.
TERMS
TERMS AND TENURE:
The premises are let to Ecigwizard on a ten-year lease that expired on the 30th November 2022. We are informed the current tenants wish to continue and are currently being held over under the terms of their assigned lease.
RENT:
The monthly rent is £1,650.00. The freehold purchaser will also benefit from the ground rents paid by the two apartments above the shop. Apartment 75A and 75B each pay a ground rent of £75.00 and were let on 125-year leases from the 21st September 2007.
COMMERCIAL BUSINESS RATES:
The rateable value is £14,250.00, payable per annum at £7,110.75.
Please note the building is Grade II listed.
Tenure: Freehold
PREMISES
RETAIL AREA: 596 SQ FT (55.75 SQ M)
KITCHEN AREA: 28.5 SQ FT (2.65 SQ M)
WC
The premises benefit from radiator central heating, fired by an electric boiler.
Unrestricted public parking is available nearby.
TERMS
TERMS AND TENURE:
The premises are let to Ecigwizard on a ten-year lease that expired on the 30th November 2022. We are informed the current tenants wish to continue and are currently being held over under the terms of their assigned lease.
RENT:
The monthly rent is £1,650.00. The freehold purchaser will also benefit from the ground rents paid by the two apartments above the shop. Apartment 75A and 75B each pay a ground rent of £75.00 and were let on 125-year leases from the 21st September 2007.
COMMERCIAL BUSINESS RATES:
The rateable value is £14,250.00, payable per annum at £7,110.75.
Please note the building is Grade II listed.