7 Horwood Ct 15,668 SF 89% Leased Flex Building Milton Keynes MK1 1RD $381,987 ($24.38/SF)

Long leasehold industrial/business unit offered for sale with vacant possession. The asset comprises 1,674 sq ft (155.55 sq m) of accommodation arranged as warehouse/workshop space, offices, meeting room, kitchen and WC facilities at ground floor level, together with additional office and ancillary accommodation on the first floor. The property benefits from three-phase power, fitted solar panels, a manual loading door and five allocated parking spaces.
The property is held on a long leasehold interest expiring 26 April 2992, with approximately 966 years unexpired and a fixed ground rent of £5 per annum. Located within the established Horwood Court commercial estate in Bletchley, Milton Keynes, the property is suitable for owner-occupiers and investors. The quoted market rental value is £17,000 per annum exclusive and the property has an EPC rating of A (13).