£385,000
Queensway, Milton Keynes, MK2
- 0 beds
£385,000
- 0 beds
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The property comprises a ground-floor commercial unit (195) with Class E Permitted Use, providing approximately 896 sq ft of flexible space. Ideal for a variety of businesses, the unit benefits from a prominent position, excellent frontage, and a functional layout, appealing to tenants across multiple sectors. The property also includes a self-contained, ground-floor one-bedroom residential apartment (195A), accessed via the side/rear. This private, well-proportioned apartment adds value, attracting tenants seeking practical accommodation. The residential element is held on a long leasehold of 999 years from 12th January 2000.
Fully tenanted, the property generates consistent rental income. The commercial unit secures ?1,500 per month (?18,000 per annum), while the residential apartment brings in ?800 per month (?9,600 per annum). Combined, these units deliver ?27,600 per annum, ensuring strong returns for investors.
With its mix of commercial and residential components, this property is a valuable addition to any portfolio. Its established income, prime location, and versatility make it a compelling investment with long-term growth potential.
For further information or to arrange a viewing, please contact Venture Commercial on 01582 957 591.
Location
The Property is situated in a highly accessible location, benefiting from strong road and transport connections. The A6, a major route connecting Luton and Bedford to the north, runs nearby, while the A421, a dual carriageway, offers quick and efficient east-west links between Milton Keynes, Bedford, and Cambridge. The M1 motorway, just a short distance away, provides direct access to London and the Midlands, ensuring easy travel across the region and beyond.
Milton Keynes Central railway station is within close proximity, offering frequent and direct services to London Euston, Birmingham, and Manchester, making the area highly accessible for commuters. Additionally, several bus routes provide convenient connections to Milton Keynes town centre, surrounding villages, and other key locations, further enhancing the areas connectivity.
The location also offers a wide range of amenities, including local shops, supermarkets, caf?s, and restaurants, all within easy reach. This ensures a high level of convenience for day-to-day needs. The surrounding area is a mix of both independent retailers and national chains, contributing to the area`s vibrancy and appeal. With such strong infrastructure and local amenities, the location is well-positioned to meet the demands of both business and residential needs.
For further information or to arrange a viewing, please contact Venture Commercial on 01582 957 591.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Luton Borough Council, Band A
Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None
Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No
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