Commercial Property - Industrial - Warehousing - Scorpion House

Detached purpose-built heavy maufacturing building on 0.85 acres
400 KVA transformer
Both level and tailgate loading
4m internal eaves height
Suitable for alternative uses including warehousing subject to consents
Neighbouring 3650 sq ft unit also available to purchase
AVAILABLE TO PURCHASE AT AN ASKING PRICE OF £1,450,000 EXCLUSIVE
Location: 

The property is located on the Stilebrook Road Industrial Estate on the outskirts of the market town of Olney within the Borough of Milton Keynes. M1 Junction 14 is approximately 10 miles away as are the towns of Northampton and Bedford.

Milton Keynes's position on the M1 between London and Birmingham means it has become one of the foremost hubs for logistics firms seeking access to large swathes of the UK's population. It continues to be one of the fastest-growing cities in the UK and is estimated to have around 15% of the nation's residents within a one-hour drive.

Industrial tenants with a major presence in Milton Keynes include John Lewis & Partners, Royal Mail and Tesco.

Description: 

The property comprises a stand-alone factory unit with replacement insulated steel roof and cladding.

Accommodation: 

Ground floor offices - 279.9 sq. m - 3,013 sq. ft

Ground floor production/warehouse space - 1,150.4 sq. m - 12,383 sq. ft

1st stores/offices - 161.2 sq. m - 1,735 sq. ft

Mezzanine plants/stores - 103.1 sq. m - 1,110 sq. ft

 

Rates: 
Rateable Value: £58,500

Rates Payable 2024/25:

 £TBC

(Excludes Small Business Rates Relief which may apply)
The Rates Payable figure is an estimate. It does not take into account any Transitional Arrangements. It is important that interested parties verify this information with the relevant Borough Council Rating Department.

Terms: 

Available to purchase offers in the region of £1,450,000 exclusive

VAT: 

All figures quoted are exclusive of any VAT that the landlord may have a duty or choose to impose.

Legal Costs: 

Each party shall bear their own legal costs involved in the transaction.

Viewing: 

Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657

Sub Location: 
Olney