High Street

Stony Stratford, Milton Keynes

3 Bedrooms

2 Bathrooms

Character property

Guide price £600,000
Guide price £600,000
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Property Details

Key features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • UNIQUE FREEHOLD INVESTMENT OPPORTUNITY COMPRISING SHOP FRONT AND 3 BED DUPLEX APARTMENT
  • REAR COURTYARD AND PRIVATE ACCESS INTO APARTMENT
  • DISABILITY FRIENDLY APARTMENT WITH PARKING, PRIVATE LIFT AND WET ROOM
  • CLASS E SHOP WITH FIXTURES FOR INDUSTRIAL KITCHEN
  • CONSERVATION HIGH STREET IN POPULAR MARKET TOWN

Council Tax Band: B

Tenure: Freehold

***UNIQUE INVESTMENT OPPORTUNITY*** Connells Estate Agents are proud to offer to market this fantastic FREEHOLD unit on arguably the most popular High Street in Milton Keynes. The accommodation briefly comprises: Class E shop front & industrial kitchen, rear courtyard and 3 bedroom duplex apartment.

A unique opportunity to purchase this fantastic FREEHOLD unit on arguably the most popular High Street in Milton Keynes. The ground floor retail unit comprises of a C.500sqft shop unit with a set-up for a commercial kitchen, office, two WC's, storage cupboards and a rear courtyard. The retail unit being use class E, offers the potential for the new owners to use it as its current use as a cafe but also change to a more retail focused business.
The duplex three bedroom apartment is located above the shop with access through the rear courtyard. It is currently set up to provide disability friendly living. The rear of the building has been carefully extended to create a larger entrance hallway with private lift to first floor and storage cupboards. Also within the extension on the first floor is the large refitted kitchen/ diner with integrated appliances. The landing on the first floor leads off to the third bedroom and lounge, both with sash windows and period fireplaces. Also off the landing is the wet room, large storage cupboard and stairs to the second floor.
The second floor holds two further bedrooms with period fireplaces and sash windows as well as a refitted shower room. This floor also holds a huge under-eaves cupboard offering plenty of storage.

Stony Stratford is a busy, picturesque market town with many historical buildings, pubs, restaurants and specialist shops which attract visitors from some distance.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.


Back Hallway Ground Floor
Laminate flooring. Wooden fire door to rear aspect. Storage cupboard.

Main Shop
22' 3" Max x 19' Max ( 6.78m Max x 5.79m Max )
Two double glazed windows to front aspect. Two wooden single glazed door to front and rear aspects. Laminate flooring. Extractor fan.

Kitchen
18' 8" Max x 12' 1" Max ( 5.69m Max x 3.68m Max )
Vinyl flooring. Space for and plumbing for industrial kitchen.

Rear Lobby
Vinyl flooring. Radiator. Wooden door to rear aspect. Storage cupboards. Doors to customers W.C and office.

Office
5' 8" x 4' 9" ( 1.73m x 1.45m )
Laminate floor.

Customer W.C
Wall cupboard. Wall hung wash hand basin. Close coupled w.c. Laminate flooring.

Customer W.C
Obscure double glazed window to rear aspect. Laminate flooring. Close coupled w.c. Wall mounted wash hand basin.

Rear Garden
Courtyard with parking.

Parking
Off street parking.

Ground Floor Entrance Hall
Stairs to first floor. Carpet. Radiator. Alarm panel, Private 'Stannah' lift to first floor. Double and single cupboards. Double glazed window to rear aspect. Double glazed wooden door to rear aspect.

First Floor Accommodation


Entrance Hall First Floor
Storage cupboard. Carpet. Radiator. Intercom system. Lift access.

Wet Room
Double glazed obscure window to rear aspect. Extractor fan. Radiator. Vanity unit wash hand basin. Close coupled w.c. Boiler cupboard. Fully tiled.

Lounge
12' 8" Into chimney recess x 13' 1" ( 3.86m Into chimney recess x 3.99m )
Single glazed sash window with secondary glazing to front aspect. Carpet. Period fireplace. Radiator.

Kitchen
13' 3" x 9' 1" Plus door recess ( 4.04m x 2.77m Plus door recess )
Fitted kitchen with wall and base units with laminate worktop over. One and a half bowl sink and drainer. Tiled splashbacks. Vinyl flooring. Electric oven and grill. Electric hob. Integrated fridge/freezer and dishwasher. Radiator. Spot lights. Space for washing machine and tumble drier.

Bedroom 3
7' 11" Into wardrobe recess x 13' ( 2.41m Into wardrobe recess x 3.96m )
Single glazed sash window to front aspect with secondary glazing. Two built-in wardrobes. Carpet. Radiator. Period fireplace.

Second Floor Accommodation


Landing
Carpet. Large under eaves storage cupboard.

Bedroom 1
11' 4" Into wardrobe recess x 10' ( 3.45m Into wardrobe recess x 3.05m )
Single glazed sash window with secondary glazing to front aspect. Built-in wardrobes. Radiator.

Bedroom 2
9' 2" Into chimney recess x 10' 1" ( 2.79m Into chimney recess x 3.07m )
Single glazed sash window to front aspect with secondary glazing. Loft access. Radiator. Carpet.

Bathroom
Shower cubicle. Vinyl flooring. Extractor fan. Close coupled w.c., pedestal wash hand basin. Spot lights. Radiator.

***UNIQUE INVESTMENT OPPORTUNITY*** Connells Estate Agents are proud to offer to market this fantastic FREEHOLD unit on arguably the most popular High Street in Milton Keynes. The accommodation briefly comprises: Class E shop front & industrial kitchen, rear courtyard and 3 bedroom duplex apartment.

A unique opportunity to purchase this fantastic FREEHOLD unit on arguably the most popular High Street in Milton Keynes. The ground floor retail unit comprises of a C.500sqft shop unit with a set-up for a commercial kitchen, office, two WC's, storage cupboards and a rear courtyard. The retail unit being use class E, offers the potential for the new owners to use it as its current use as a cafe but also change to a more retail focused business.
The duplex three bedroom apartment is located above the shop with access through the rear courtyard. It is currently set up to provide disability friendly living. The rear of the building has been carefully extended to create a larger entrance hallway with private lift to first floor and storage cupboards. Also within the extension on the first floor is the large refitted kitchen/ diner with integrated appliances. The landing on the first floor leads off to the third bedroom and lounge, both with sash windows and period fireplaces. Also off the landing is the wet room, large storage cupboard and stairs to the second floor.
The second floor holds two further bedrooms with period fireplaces and sash windows as...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2023 – 30/06/2023 and is correct as at 04/07/2023.

A BROKER FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN IN, CORRECT FROM THE PERIOD OF 01/01/2023 – 30/06/2023 AND IS CORRECT AS AT 04/07/2023.

A BROKER FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.