FMX
MK PLay Centre

Milton Keynes: Roebuck Way

February 2020
MK PLay Centre
  • Let to 360 Play, a childrens soft play centre, until 2029
  • Passing Rent: £152,000 per annum (£12.93 psf)
  • Price: £1,840,000
  • Net Initial Yield: 7.7%

Fawcett Mead have recently acted on the successful disposal of this long leasehold leisure investment in Milton Keynes.

The property is let to 360 Play, a childrens soft play centre, until 2029 (without breaks).

The site comprises 1.2 acres with approximately 75 car parking spaces.

Joe Baio commented, "Following a best bids process, our client was extremely pleased with the exit, which was ahead of the quoting terms."

LSH acted for the purchaser.

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