For Sale By Auction | 2:30pm, 11 October 2018 | Lot 27

80-86 Tavistock Street, Bletchley, Milton Keynes, Buckinghamshire, MK2 2PB

Sold £505,000

  • Commercial Property
  • Tenure: Freehold

Call the team on 01234 362899 for more information

Auction Date

Thu 11/10/2018

Auction Time

2:30pm

Auction Venue

The Hilton Hotel, Timbold Drive, Milton Keynes, Buckinghamshire, MK7 6HL

Viewing Times:

Thu 27 Sep

14:00 - 14:45

Sat 29 Sep

15:30 - 16:15

Wed 3 Oct

14:00 - 14:45

Highly desirable and versatile commercial units located in Bletchley

A single storey commercial premises located in the busy commercial area of Tavistock Street, Bletchley conveniently located with excellent access to the A5, Milton Keynes and the M1.

Tenure

Freehold

Accommodation:

The premises consist of five workshop units, two with offices and one with a kitchen, one further office unit currently used for storage. The main workshop units are let to the motor trade, it has utilised by the motor trade for approximately 30 years and has an MOT bay. The outside space is being utilised as a car sales lot and one of the smaller units being utilised as a hairdressing salon. The total covered area of the units is approximately 5,800 square feet and they are set within a plot of approximately half an acre.

Rental Income:

MOT Frank - £3,100 pcm Car Showroom - £1,950 pcm Hairdressers - £750 pcm The total current rental income for the premises is £5,800 pcm.

Open House Viewings:

Thu 27 Sep: 14:00 - 14:45 Sat 29 Sep: 15:30 - 16:15 Wed 3 Oct: 14:00 - 14:45

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Milton Keynes Council - 01908 691691

Solicitors

Cowley di Giorgio & Co, 63 Harpur Street, Bedford, Beds, MK40 2SR, Ref: Steve Cowley - cowley@cowleydigiorgio.co.uk, Tel: 01234 218171

Additional Fees

Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £900 incl. VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.