COBBS COURT OLNEY MK46 5QN

An opportunity to operate your business from a wonderful Olney business property in a quiet, but central location.

Location

Olney is a market town located approximately 10.7 miles north of Milton Keynes which is served by the West Coast Mainline with a journey time of 35 minutes into London. Bedford is approximately 12 miles away with a similar journey time into London on the East Coast Mainline.

The property is located in the centre of the town, off the High Street, close to the Doctors and Dentist Surgeries, ‘Sandwichland’ and a ‘One Stop’ convenience store. The principal retailing in Olney is based around the Market Place, which is approximately 400 metres away along the High Street. Olney has a variety of independent specialist shopping and a wide selection of restaurants, pubs and coffee houses.

Accommodation

The premises are in first class condition, arranged over ground and first floors, providing office accommodation, a disabled and one other wc, kitchenette, server area, internal and external storage. The building is served by CAT5 data cabling and telephone points throughout, wifi points and a security system. The property is connected to high speed broadband. A photovoltaic array is located on the south facing roof which benefits from a generous feedback subsidy.

The property benefits from an attractive secure gravelled courtyard. The property is currently occupied by David Coles architects ltd, who are now moving to larger premises in the town.

DCa have extended and cared for the building during their 18 year tenure.

Approximate net internal floor areas

Ground floor 82.7 sq m 820 sq ft.

First floor 40 sq m 430 sq ft.

Tenure: leasehold

Rent: POA, full repairing and insuring lease, reviewed 5 yearly upward only.

Service Charge: zero based on lease.

Serviced Office option: this can be discussed.

Business rates

Rateable value: £13,750.

UBR (2017/18): 48p in the pound.

Rates Payable: £6,600.

Interested parties should make their own enquiries with the Local Authority to verify this information.

Legal costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Planning

We have been advised by Milton Keynes Council (the local authority) that the premises have B1 planning permission. Interested parties should verify the planning use for the property with the local planning authority.

Viewing

Viewings will be available through Rachel David at David Coles architects who can be contacted on 01234 241758.

EPC

The Energy Performance Asset Rating is C63. A certificate can be made available.

VAT

VAT if applicable will be charged at the standard rate.