Flexible high-street freehold with subdivision potential, parking and residential upper floors..
Circa 79 sqm ground floor with loft storage; L-shaped layout and large plot
Use Class E ground floor; residential use on first and second floors
Potential to split into up to four commercial units or create larger single unit
Private off-street parking plus customer parking and nearby public car park
Previously a restaurant; vacant and requires full refurbishment and damp repairs
EPC D; medium flood risk and above-average local crime — higher insurance implications
Opportunity for owner-occupier income or long-term investor rental revenue
0.212 acre plot with scope for extension or conversion subject to planning
A substantial corner high-street freehold in Newport Pagnell offering flexible commercial space with residential upper floors. The ground floor (circa 79 sqm) plus loft currently sit vacant after use as a restaurant; the L-shaped footprint and 0.212-acre plot allow subdivision into up to four units or retention as a larger single unit. Use Class E on the ground floor and existing residential classification above present an immediate rental or owner-occupier income opportunity.
The property includes one private off-street parking space and customer parking directly outside, with additional public parking nearby. The location sits just off the main high street in a busy market town with strong local amenities and good road links to Milton Keynes and the M1—appealing for retail, office, health & beauty, or food and beverage operators. EPC rating D. Mobile and broadband provision are strong.
Material drawbacks are clear and significant: the building has been left vacant for years and requires full renovation, with visible damp, dereliction and scaffolding noted. Flood risk is medium and local crime levels are above average, which will affect some occupiers and insurance costs. Buyers should allow for refurbishment costs and potential planning works (including any alterations or extension STPP) when assessing viability.