No longer on the market
This property is no longer on the market
MapLand
Land
28621
Features and description
- Party Completed Development / Investment Opportunity FOR SALE
- Property comprises a former office building benefitting from two separate planning approvals under Permitted Development Rights
- Consent to provide 32 self-contained flats and an additional two storeys proving a further 14 flats
- 19 units have been sold on long leasehold interest, a remaining 13 flats have been built but are unsold. The additional 14 flats have not been completed
- The site measures approximately 0.278 acres
- Price on application
Description
The property comprises a former office building benefiting from two separate planning approvals under permitted development rights for a; its conversion to provide 32 self-contained flats and b; for two additional storeys to provide a further 14 flats (total 46 units). The conversion of 32 flats has been completed, with 19 units having already been sold on long leasehold interests, and the remaining 13 flats having been built but are unsold. The additional 14 flats have not been completed with further work required to the lift service and dry riser.
The site measures approximately 0.278 acres.
Of the 46 proposed residential apartments, the conversion of 32 have been completed, with 19 flats having been sold on separate long leasehold interests, with the remaining 13 to be sold off. Further work is required on the additional 14 apartments on the top two floors.
Out of the 27 remaining units, there are 4 x 1 bed apartments and 23 x 2 bed apartments
A detailed schedule of the 46 units and floor areas are available with the data room.
Location
Milton Keynes is at the centre of the OxCam Arc and has been identified as having the fastest growing economy in the UK.
The population is projected to grow to 410,000 with 50,000 – 90,000 new jobs by 2050. Additionally, it is anticipated 30,000 – 35,000 new homes are planned to be developed with 25,000 already in the pipeline.
The property is approximately 0.9 miles from the Milton Keynes Central (MKC), providing regular connection to London Euston (39 minutes), Northampton (15 minutes), Birmingham (1 hour and 4 minutes) and Manchester (1 hour and 37 minutes).
There are bus stops located nearby on Midsummer and Avebury Boulevard.
The M1 is accessible via Junction 14 which is approximately 4.1 miles from the property which is reached via the A509.
The property is located on the corner of South Fifth Street and Avebury Boulevard in the heart of Central Milton Keynes. The shopping centre is within 10 minutes walking distance to the property with tenants including Zara, New Look, Apple, Moss Bros, Wagamama, Starbucks, Byron and many others.
The property comprises a former office building benefiting from two separate planning approvals under permitted development rights for a; its conversion to provide 32 self-contained flats and b; for two additional storeys to provide a further 14 flats (total 46 units). The conversion of 32 flats has been completed, with 19 units having already been sold on long leasehold interests, and the remaining 13 flats having been built but are unsold. The additional 14 flats have not been completed with further work required to the lift service and dry riser.
The site measures approximately 0.278 acres.
Of the 46 proposed residential apartments, the conversion of 32 have been completed, with 19 flats having been sold on separate long leasehold interests, with the remaining 13 to be sold off. Further work is required on the additional 14 apartments on the top two floors.
Out of the 27 remaining units, there are 4 x 1 bed apartments and 23 x 2 bed apartments
A detailed schedule of the 46 units and floor areas are available with the data room.
Location
Milton Keynes is at the centre of the OxCam Arc and has been identified as having the fastest growing economy in the UK.
The population is projected to grow to 410,000 with 50,000 – 90,000 new jobs by 2050. Additionally, it is anticipated 30,000 – 35,000 new homes are planned to be developed with 25,000 already in the pipeline.
The property is approximately 0.9 miles from the Milton Keynes Central (MKC), providing regular connection to London Euston (39 minutes), Northampton (15 minutes), Birmingham (1 hour and 4 minutes) and Manchester (1 hour and 37 minutes).
There are bus stops located nearby on Midsummer and Avebury Boulevard.
The M1 is accessible via Junction 14 which is approximately 4.1 miles from the property which is reached via the A509.
The property is located on the corner of South Fifth Street and Avebury Boulevard in the heart of Central Milton Keynes. The shopping centre is within 10 minutes walking distance to the property with tenants including Zara, New Look, Apple, Moss Bros, Wagamama, Starbucks, Byron and many others.
Property information from this agent
About this agent
Robert Irving Burns - Commercial
Robert Irving Burns, Ground Floor,
19 Margaret Street, London,
W1W 8RR
020 8033 7560Commercial Property Agents in London Whether you want to lease your commercial property, or find the right premises to rent, we can help. RIB’s industry insight and expertise guarantee a smooth, seamless process; from marketing and letting, to acquiring the ideal property. Our commercial letting services include both property disposal and property acquisition. We also have a wide selection of London offices, which are available to rent. We work with investors, developers, tenants and property owners alike, assisting with everything from finding great premises, to marketing and letting the property to the ideal business. Commercial property disposal in London can be complex, and finding a suitable tenant is always a top priority. We help with every aspect of this process, including marketing, negotiations, and liaising with solicitors and professional advisors. Our commercial property acquisition service helps tenants find the perfect place to run their business. From negotiating contracts to carrying out an audit of available properties, our team are here to offer support and guidance. And, if you’re searching for offices to rent in London, in areas such as Fitzrovia, Mayfair, Marylebone and Soho, we’ve got some excellent premises for you to choose from. Read on to find out how we can help you.