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Property Auctions in Milton Keynes

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Old Stratford Business Park, Falcon Drive, Old Stratford, Milton Keynes, West Northamptonshire, MK19 6FG

Guide Price: £1,300,000
- Multi-Let Modern Office Development

- Ten Office Suites Totaling 11,523 sq ft (1,070.5 sq m)

- Producing £87,274 per annum

- Five suites (4,582 sq ft) vacant, providing significant asset management potential

- Potential for alternative uses (subject to planning)

- ERV of circa £150,000 (£13.00 per sq ft)

- Guide Price of £1,300,000 reflects NIY of 6.35% and an attractive reversionary yield of 10.9%

- Low Capital Value of £113 per sq ft
Begin Time: 21 Sep 2022 | 12:00

End Time: 21 Sep 2022 | 16:00
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