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COMMERCIAL

West Street, Olney

Guide Price
£380,000
Stephen Oakley & Co, Olney
PROPERTY TYPE

Office

SIZE

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Key features

  • A UNIQUE INVESTMENT OPPORTUNITY
  • THE FREEHOLD OF A THREE-STOREY PERIOD BUILDING
  • THE BUILDING SUCCESSFULLY OPERATES AS A BUSINESS CENTRE
  • 13 HIGH QUALITY OFFICE ROOMS
  • CURRENT RENTAL INCOME IS £24,000 PA

Description

A UNIQUE INVESTMENT OPPORTUNITY TO ACQUIRE THE FREEHOLD OF A THREE-STOREY PERIOD BUILDING, LOCATED WITHIN THE CENTRE OF THIS CHARMING MARKET TOWN. THE BUILDING WAS ORIGINALLY USED
FOR SHOE MANUFACTURING BUT HAS SINCE BEEN OCCUPIED BY A VARIETY OF COMMERCIAL BUSINESSES.
THE CURRENT OCCUPANT IS THE OLNEY WORKS LIMITED AND IT SUCCESSFULLY OPERATES THE BUILDING AS A BUSINESS CENTRE. THE CURRENT SEVEN YEAR LEASE WAS RENEWED ON THE 9TH JUNE 2023 AT A RENTAL OF £24,000 PER ANNUM WITH THREE YEARLY RENT REVIEWS. A COPY OF THE LEASE WILL BE AVAILABLE FROM THE AGENT. THE BUSINESS CENTRE OFFERS 13 HIGH QUALITY OFFICE ROOMS OF VARIOUS SIZES AND FURTHER BENEFITS FROM AN EQUIPPED KITCHEN AND SEPARATE MALE AND FEMALE WC FACILITIES. UNRESTRICTED PARKING IS AVAILABLE NEARBY.


Tenure: Freehold

ACCOMMODATION

Total area approximately 2,713 sq ft (252.1 sq m)

GROUND FLOOR:
Main entrance reception hall with a slate flagstone floor. Security alarm and fire alarm system. Recessed area for post. Five office rooms.

FIRST FLOOR:
With access to the fire escape via an external staircase to the side of the building. Four office rooms.

SECOND FLOOR:
Kitchen and WC facilities. Four office rooms.

Brochures

Brochure

Energy Performance Certificates

EPC

West Street, Olney

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverton Station7.6 miles
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About Stephen Oakley & Co, Olney

35 High Street Olney MK46 4EB
Industry affiliations:

Stephen Oakley & Co, are an established independant estate agency, providing a professional service for selling all types of property from a one bedroom flat to a substantial country home.

In addition, we have a rental department specialising in the letting and management of residential properties.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference C6561. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stephen Oakley & Co, Olney. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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