Summary - 18/19 Market Square, Buckingham, Buckinghamshire MK18 1NP
1 bed 1 bath Office
Prominent town-centre redevelopment with approved consent for five flats and retail income.
Freehold Georgian commercial building of c.4,615 sq ft overall
Planning consent for 2 x 2-bed and 3 x 1-bed apartments
Ground-floor retail currently provides immediate rental income
Prominent Market Square town-centre position with strong footfall
Located in university catchment; lets well to students and professionals
Requires refurbishment and fit-out to complete conversion and services
Higher recorded local crime rate may affect insurance/security costs
Small plot footprint limits external expansion potential
A prominent freehold commercial building on Buckingham’s Market Square, this Georgian property offers clear redevelopment value. The site extends to approximately 4,615 sq ft across ground, upper floors and basement, with large rooms and generous natural light from tall arched windows. Planning consent is already in place to convert the upper floors into five residential units (2 x 2-bed and 3 x 1-bed) while retaining retail income at ground level.
The building suits investors or developers seeking a town-centre asset with immediate rental potential and permitted conversion works to unlock higher-value residential income. Its high-street location benefits from an affluent university catchment, steady footfall from nearby occupiers and a wide range of local amenities, supporting lettability to students and professionals.
Buyers should factor in refurbishment and fit-out costs to complete the approved residential conversion and to modernise services for current building standards. The site occupies a small plot footprint and is in a locality with a higher recorded crime rate, which may affect insurance and security requirements. Flood risk is low.
Overall this is a rare freehold investment-development opportunity in a historic market town: attractive for buyer-led conversion to multiple flats while retaining ground-floor retail income, but requiring capital expenditure to implement the planning consent and to address location-related security considerations.
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