195 Queensway

485 SF Retail Building Milton Keynes MK2 2ED £385,000 (£793.81/SF)

INVESTMENT HIGHLIGHTS

  • The Property is situated in a highly accessible location, benefiting from strong road and transport connections
  • he M1 motorway, just a short distance away, provides direct access to London and the Midlands
  • The A6, a major route connecting Luton and Bedford to the north, runs nearby, while the A421, a dual carriageway

EXECUTIVE SUMMARY

The property comprises a ground-floor commercial unit (195) with Class E Permitted Use, providing approximately 896 sq ft of flexible space. Ideal for a variety of businesses, the unit benefits from a prominent position, excellent frontage, and a functional layout, appealing to tenants across multiple sectors. The property also includes a self-contained, ground-floor one-bedroom residential apartment (195A), accessed via the side/rear.
This private, well-proportioned apartment adds value, attracting tenants seeking practical accommodation. The residential element is held on a long leasehold of 999 years from 12th January 2000. Fully tenanted, the property generates consistent rental income. The commercial unit secures £1,500 per month (£18,000 per annum), while the residential apartment brings in £800 per month (£9,600 per annum). Combined, these units deliver £27,600 per annum, ensuring strong returns for investors. With its mix of commercial and residential components, this property is a valuable addition to any portfolio. Its established income, prime location, and versatility make it a compelling investment with long-term growth potential.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
485 SF
Building Class
C
Year Built
1950
Price
£385,000
Price Per SF
£793.81
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
0.06 AC

AMENITIES

  • EPC - C

NEARBY MAJOR RETAILERS

Costa Coffee
National Westminster Bank Plc
Santander
Farmfoods
Barclays
Iceland
Spar
Tesco
PureGym
Co-op Food - Water Eaton
  • Listing ID: 35021315

  • Date on Market: 05/03/2025

  • Last Updated:

  • Address: 195 Queensway, Milton Keynes MK2 2ED