Peachey Loak are pleased to offer for sale the long leasehold interest in these modern office premises located in a well-established development close to Junction 14 of the M1 motorway about 3 miles from Central Milton Keynes.

The 2-storey mid-terrace property is situated close to Willen Lake with its fine lakeside walks and leisure facilities.

Fox Milne is home to a number of employers including the UK Headquarters of the charity Worldvision, a Holiday Express Hotel and Harvester public house.

The property offers an opportunity for a new or growing business to establish itself in an excellent location.

 Offers are invited in excess of

£360,000

Accommodation

The accommodation comprises:

Ground Floor: Entrance Hall with stairs to first floor, open plan office area with kitchenette, separate partitioned office, Wc

First Floor:  Wc and boiler room, open plan office area with kitchenette and cupboard, separate partitioned office (2.7m x 3.3)

The building has a gross internal area of 202 sq m.

The property has a gas fired central heating system.

 There are 3 parking spaces located at the front of the property and a further 4 spaces at the rear of the building.

Services

Mains electricity, gas, water and drainage are connected to the property

Business Rates

We understand the ground and first-floors are currently independently assessed for business rates. The VOA website indicates the rateable value for the ground-floor is £12,750. The first-floor has a rateable value of £13,000.

Planning

The property is believed to have consent within Use Class E. The head lease restricts the use to offices. Prospective purchasers must make their own enquiries to determine whether their proposed use will require planning consent and/or comply with the terms of the Headlease

Tenure

The property is subject to the remainder of a 999-year lease from 9 November 2006. The rent is one peppercorn per annum. Service charges are currently £1,300.40 pa.  

Legal Costs

Each party will be responsible for their own legal costs.

Prospective purchasers will be required to provide suitable identity documentation to comply with Money Laundering Regulations prior to acceptance of any offer.

VAT

All figures quoted within these details are exclusive of any VAT which the vendor may have a duty to impose.

Energy Performance Certificate (EPC)

The graph below shows the Energy Rating and score for the entire building (17 Diamond Court). This will remainvalid until 28 February 2034. A full copy of the report and the accompanying Recommendation Report are available on request.

Viewings

Viewings can be arranged by prior appointment with Peachey Loak Chartered Surveyors.  Tel: 01933 403233.