Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on pinterest
Share on email

Morrisons M Local, Bletchley


Morrisons M Local, The Wishing Well, Tattenhoe Lane, Bletchley,MK3 7DJ

Basic Facts

Status: Type: Tenure: Freehold Gross Rent: £ 50,000
Lease Term: 15 years from mid-2015 VAT applicable: Yes

Property Description

  • Freehold blue-chip convenience store investment
  • Large island site with parking and uppers
  • Future residential redevelopment potential subject to planning

Location Description

  • Very densely populated residential area
  • No competition in the immediate vicinity
  • Close to two primary schools so the traffic from the schools will only add to the trade during schools hours
  • Close to Windmill Hill Golf Course
  • The property is located on Tattenhoe Lane which is approximately on the same road as Milton Keynes Preparatory School

Additional Notes

  • Entire property leased to WM Morrison Convenience Stores Limited, guaranteed by WM Morrison Supermarkets PLC
  • 15 years on an effectively full repairing and insuring lease. Subject to tenant break at the end of year 10.
  • Initial rent of £50,000 per annum
  • Five yearly rent reviews in line with the RPI capped at 4% and a collar of 1% per annum.

Still can’t find what you’re looking for?

Current Opportunities

£ 1,295,000

Kwik-Fit, Walthamstow, Greater London

2-10 Billet Road, Walthamstow, London, E17 5DN
£ 900,000

Optician & Furniture Shop, Whitton, Greater London

50/52, 54/56 & 58 High Street, Whitton, Middlesex, TW2 7LT
Call for price

Mixed Parade (Card Factory, Greggs, Age UK & Restaurant), Boscombe

617 to 623 Christchurch Lane, Boscombe, Bournemouth, Dorset BH1 4AP
Call for price

Mixed Parade (5 Shops & 5 Flats), Watford, Greater London

178/178A, 180/180A, 182/182A, 184/184A, 186/186A St. Albans Road, Watford, Hertfordshire WD24 4AS
£ 4,500,000

Mixed Investment (Costa, Hair Salon, Retail Unit, 4 Offices & 3 Flats), Stanmore, Greater London

Jaspar House, 24-28 Church Road, Stanmore, Middlesex, HA7 4AW
Call for price

Land with Development Potential, Tipton

Roadside Development, Dudley Port, Tipton, DY4 7RB
£ 1,100,000

Sainsbury’s Local, Stourbridge

Sainsbury’s Local, 23 Lawnswood Road, Wordsley, Stourbridge, West Midlands, DY8 5PH
£ 220,000

McColl’s, Buxton, Norfolk

Crown Road, Buxton, North Norwich, Norfolk, NR10 5EN
Call for price

McColl’s & Flat, Watford, Greater London

79 – 83A Tolpits Lane, Watford, Hertfordshire, WD18 6NT
£ 235,000

Takeaway Restaurant, Cheshunt, Greater London

2 Clayton Parade, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 8NQ
£ 240,000

Café, Cheshunt, Greater London

1 Clayton Parade, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 8NQ
Call for price

Vacant Pub (To Let), Whitton, Greater London

The Duke of York, 672 Hanworth Road, Whitton, Hounslow, TW4 5NP
£ 190,000

Papa John’s, Newport, Wales

94/96 Chepstow Road, Newport, Gwent, Wales, NP19 8ZY
Call for price

Vacant Shop & Flat, Bournemouth

691 Wimbourne Road, Winton, Bournemouth, Dorset, BH9 2AT
£ 170,000

Greggs, Leeds

45 Commercial Street, Rothwell, Leeds LS26 0AP
Call for price

Stationary Shop, Gloucester

Unit 10 Kingsway Local Centre, Quedgeley, Gloucester, GL2 2GT
Call for price

Vacant Unit, Southampton

Unit B Mapmakers Mercator Close, Romsey Road, Southampton, SO16 4HW
Call for price

Ponden Home, Newmarket

Units 2-3, Crown Walk, Exeter Road, Newmarket, CB8 8NG
Call for price

Europcar, Bradford

Nelson Street/Mill Lane, Bradford, West Yorkshire, BD5 0HD
£ 420,000

Dignity Funerals, Ickenham, Greater London

8 Glebe Avenue, Ickenham, Uxbridge, Middlesex, UB10 8PB