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Freehold, 29, Portfields Road, Newport Pagnell, Buckinghamshire, MK16

For Sale: £600,000 for the Freehold

1,096 Sq Ft

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Ground floor retail/use class E which generates a reliable monthly income

The property has three residential flats generating rental income

Generating annual rental £39,300

Investment for sale

Popular residential area

Mixed-use investment opportunity boasts a prime location within a popular residential area, offering a blend of residential and retail spaces that guarantee steady returns. Ground floor retail/use class E which generates a reliable monthly income of £650. The property has three residential flats, each achieving a consistent rental income of £875 per calendar month, with the option to extend the current tenancy agreement for a further 3 years.

With a combined and potential rental income of £3,275 per calendar month, this commercial property offers a compelling investment proposition for discerning investors seeking stable returns in an attractive market. The diversified income streams from both residential and retail sectors ensure resilience and long-term profitability.
Newport Pagnell is a historic thriving market town in the north east of Buckinghamshire situated approximately 6 miles to the north of Milton Keynes. Easy access to Junction 14 of the M1 motorway 20 minutes drive from both Bedford and Northampton and within a 10 minute drive from the main railway station in Milton Keynes.
Newport Pagnell attracts a great deal of passing trade and the High Street offers a wide selection of shops pubs restaurants and ample free parking.
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Under Offer