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651 S Fifth Street - Fortuna House, Milton Keynes, BKM

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Fortuna House - 651 S Fifth Street

Milton Keynes, MK9 2EU

(301.4 KB)

Property type:Office Sub Type:- Status:Existing Year built:1998
Floors:4 Typical floor:- Building size:6,738 sq ft
For sale price:£1,000,000 Price:£148.41 sq ft
Yield:9.27 %


The property comprises a four storey building of brick construction providing office accommodation.
The property is located centrally in Milton Keynes, to the south of Avebury Boulevard facing onto South Fifth Street. The property is approximately 0.7 miles from Milton Keynes Central Railway Station and 3 miles from Junction 14 of the M1.

Sale Notes:
The investment opportunity comprises 6,738 sq ft (626 sq m) of office accommodation over three floors and a penthouse.
The property is available as a freehold investment with floors let to Currie & Brown, Institute of Translation and Interpreting and Domus Dentis Ltd. Re-gearing opportunity with leases falling in between June 2012 and April 2023. Rents receivable: £98,082.50 per annum exclusive. Attractive net yield of 9.27% at £1,000,000 after purchasers costs of 5.8%.

Aitchison Raffety
Alan Downer
01908 608002




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