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£1,250,000
16 Buckingham Road, Bletchley, Milton Keynes, Buckinghamshire, MK3 5HH
- 8 beds
£1,250,000
- 8 beds
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A FANTASTIC INVESTMENT OPPORTUNITY WITH A CONSIDERABLE FINANCIAL RETURN.
The property is part commercial and part residential, with a thriving Turkish Restaurant business, which is unaffected by the sale, and this is couples with eight studio flats with bedroom/living area, kitchen area and shower room.
The property is ideally located in a popular residential location and is currently bringing in an income in excess of ?85,000 per year, and there is a pending increase in rents due in December 20200, which will take the income per year to approximately ?90,000.
The leases are currently for 15 years with a 5 year break clause for the commercial unit.
Bletchley is a popular town that has a wide range of local amenities and is a close neighbour to the new City of Milton Keynes that has excellent commuter links and also offers many facilities and benefits to include easy access to the main line Railway Station with rail links into London Euston, convenient Road Links to the M1, the highly impressive CMK Shopping Centres and the very popular Theatre & Hub Districts.
To secure your viewing please call us on 01908 321200 option 2.
HEADING
DESCRIPTION A FANTASTIC INVESTMENT OPPORTUNITY WITH A CONSIDERABLE RETURN.
The property is part commercial and part residential, with a thriving Turkish Restaurant business, which is unafected by the sale, and this is couples with eight studio flats with bedroom/living area, kitchen area and shower room.
The property is ideally located in a popular residential location and is currently bringing in an income in excess of ?85,000 per year, and there is a pending increase in rents due in December 20200, which will take the income per year to approximately ?90,000.
The leases are currently for 15 years with a 5 year break clause for the commercial unit.
AREA INFORMATION Bletchley is a popular town that has a wide range of local amenities and is a close neighbour to the new City of Milton Keynes that has excellent commuter links and also offers many facilities and benefits to include easy access to the main line Railway Station with rail links into London Euston, convenient Road Links to the M1, the highly impressive CMK Shopping Centres and the very popular Theatre & Hub Districts.
To secure your viewing please call us on 01908 321200 option 2.
ACCOMMODATION
Studio Flats Each of the eight first floor flat has living/bedroom area, kitchen area, and shower room.
COMMERCIAL UNIT The property is home to the exceptionally well regarded 'PASHA TURKISH GRILL' that has been voted the best Turkish Restaurant outside the M25, which is a fine accolade indeed, and therefore would suggest that the present owners are very happy in the current location.
EXTENSIVE CAR PARK There is a large car park to the rear of the property which allows for ample parking for the restaurant and potential parking for the tenants.
SALES DISCLAIMER These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
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£1,250,000
8 bed house for sale
16 Buckingham Road, Bletchley, Milton Keynes, Buckinghamshire, MK3 5HH
A FANTASTIC INVESTMENT OPPORTUNITY WITH A CONSIDERABLE FINANCIAL RETURN.
The property is part commercial and part residential, with a thriving Turkish Restaurant business, which is unaffected by the sale, and this is couples with eight studio flats with bedroom/living area, kitchen area and shower room.
The property is ideally located in a popular residential location and is currently bringing in an income in excess of ?85,000 per year, and there is a pending increase in rents due in December 20200, which will take the income per year to approximately ?90,000.
The leases are currently for 15 years with a 5 year break clause for the commercial unit.
Bletchley is a popular town that has a wide range of local amenities and is a close neighbour to the new City of Milton Keynes that has excellent commuter links and also offers many facilities and benefits to include easy access to the main line Railway Station with rail links into London Euston, convenient Road Links to the M1, the highly impressive CMK Shopping Centres and the very popular Theatre & Hub Districts.
To secure your viewing please call us on 01908 321200 option 2.
HEADING
DESCRIPTION A FANTASTIC INVESTMENT OPPORTUNITY WITH A CONSIDERABLE RETURN.
The property is part commercial and part residential, with a thriving Turkish Restaurant business, which is unafected by the sale, and this is couples with eight studio flats with bedroom/living area, kitchen area and shower room.
The property is ideally located in a popular residential location and is currently bringing in an income in excess of ?85,000 per year, and there is a pending increase in rents due in December 20200, which will take the income per year to approximately ?90,000.
The leases are currently for 15 years with a 5 year break clause for the commercial unit.
AREA INFORMATION Bletchley is a popular town that has a wide range of local amenities and is a close neighbour to the new City of Milton Keynes that has excellent commuter links and also offers many facilities and benefits to include easy access to the main line Railway Station with rail links into London Euston, convenient Road Links to the M1, the highly impressive CMK Shopping Centres and the very popular Theatre & Hub Districts.
To secure your viewing please call us on 01908 321200 option 2.
ACCOMMODATION
Studio Flats Each of the eight first floor flat has living/bedroom area, kitchen area, and shower room.
COMMERCIAL UNIT The property is home to the exceptionally well regarded 'PASHA TURKISH GRILL' that has been voted the best Turkish Restaurant outside the M25, which is a fine accolade indeed, and therefore would suggest that the present owners are very happy in the current location.
EXTENSIVE CAR PARK There is a large car park to the rear of the property which allows for ample parking for the restaurant and potential parking for the tenants.
SALES DISCLAIMER These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.