Versatile freehold high‑street unit with parking, conversion upside and residential income potential..
Prominent St John Street high‑street frontage
Use Class E on ground floor; residential use upper floors
Freehold sale with potential new 10–20 year lease option
Flexible L-shaped layout; can split into up to four units
One private off-street parking space plus customer parking outside
Site circa 0.212 acres; historic character features intact
Vacant for several years; requires full modernisation and fit-out
EPC D; medium flood risk and above-average local crime levels
A prominently sited freehold retail building on St John Street with flexible configuration and clear income potential. The ground floor benefits from Use Class E, making it suitable for retail, café, office or health & beauty operators, while the upper floors are already in residential use — enabling owner-occupation or rental income. The site extends to approximately 0.212 acres and includes one dedicated off-street parking space plus customer parking directly outside.
The property is large and versatile: currently an L-shaped former restaurant arranged over four floors, it can be reconfigured into up to four separate units or combined to create a larger single trading space. That flexibility suits multi-tenant investors or owner-operators wanting to adapt the layout to their business model. Excellent road links and proximity to Milton Keynes increase footfall and long-term demand.
Buyers should note the property has been vacant for some years and requires modernization throughout. The exterior and interior retain period character (Georgian brickwork, sash windows, exposed stone and beams) but will need refurbishment to bring services, finishes and compliance up to current standards. EPC rating D, medium flood risk and above-average local crime levels are material considerations for operations and insurance.
This opportunity suits investors seeking a flexible town-centre asset with conversion upside, or a business owner wanting a prominent freehold base with potential residential income above. Planning and fit-out costs should be factored into budgets, but the location, size and parking provision provide a solid platform for redevelopment and re-letting.