Elder House
Milton Keynes
SOLD

Situated directly adjacent to the main rail station in Milton Keynes, the building was acquired in April 2013 for £2.075 million. The property comprises 62,000 sq ft of office accommodation and 10,000 sq ft of retail. The property also provides an excellent car parking provision.

As at purchase there was around 37,000 sq ft of vacant accommodation and significant void costs. Common areas were refurbished. 11,000 sq ft were let to MITIE PLC at a headline rent of £12 per foot. Potential ERV of circa £900,000. The property was sold in April 2017 for £11 million.

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