TypeIndustrial Investments

MK13 27 Blundells Road, Bradville, Milton Keynes

TenureFor sale

27 Blundells Road, Bradville, Milton Keynes, MK131/4

Specification

Building size
Building size2,608sqft
Property type
Property typeIndustrial Investments
Tenure
TenureFor sale

Description

The subject property comprises an end-of-terrace light industrial unit currently used for motor repair. The building features profile steel-clad elevations beneath a flat roof incorporating translucent roof-light panels.

Access is provided via a roller shutter door located at the front of the unit. The minimum eaves height is approximately 4.87 metres.

The property is let on a 7 year (less one day) lease commencing on 1 August 2023 and expiring on 30 July 2030. The current passing rent is £25,300 per annum exclusive. The lease provides for annual, upwards only rent reviews, effective on 1 July each year during the term. The agreement is contracted out of the security of tenure provisions of the Landlord and Tenant Act 1954.

Investment located on popular Milton Keynes Industrial Estate

Location

The subject property is situated on the Bradville Industrial Estate in Milton Keynes, approximately two miles north of Central Milton Keynes. The estate benefits from excellent connectivity: Milton Keynes Railway Station is around a five minute drive away, the A5 can be reached in approximately two minutes, and the nearest junction of the M1 motorway is also within a five minute drive.

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