Purchase of Multilet Office Investment – Milton Keynes

NOVEMBER 2019

Croudace Multilet Office investment in Milton Keynes

Croudace Properties has acquired the multilet office investment at 7 & 8 Clarendon Drive Milton Keynes.

Close to the town centre and with easy road access to the A5 and M1, the investment comprises of two multilet Pavilion style single storey office buildings, on a large site with very generous car parking.

Neil Scott, Director of Croudace Properties commented ‘’The profile of this property is a good fit with our investment criteria, being well located and multilet to great tenants and was available at a sensible price. We are attracted to Milton Keynes by the recent improvement in the local office market as older buildings have been converted to residential uses and the remaining supply has largely been taken up. In addition the future looks bright for Milton Keynes given it central position in the Oxford/Cambridge Corridor and the regional road and rail improvements that are programmed.’’