Lakeside, Brickhill Street, Milton Keynes, MK15

Location

Willen Lake is a popular visitor attraction and public park in Milton Keynes, Buckinghamshire. It is located around 2 miles north east of the city centre and comprises around 180 acres of landscaped parkland surrounding 100 acres of water across two lakes. The southern lake offers a wide range of activities on and off the water, while the northern lake is popular with walkers and for wildlife spotting. The subject property fronts the southern lake and is situated adjacent to Willen Lake Health Club. The park attracts over 1,000,000 visitors annually.
Attractions at Willen Lake include a watersports centre, high ropes course, children's outdoor playground, splash park, inflatable aqua park, ridable miniature railway, outdoor fitness equipment, health club, seasonal funfair, large event spaces, observation wheel, and a social enterprise café and community facility. There are also two hotels within the park area: Premier Inn and Willen Lodge, the latter of which adjoins the subject property. Gulliver's Land Theme Park Resort and Gulliver's Dinosaur & Farm Park is also located nearby.

Property Description

***Best and Final Bids Deadline Set For Midday Friday 17th July. For Further Information Please See Brochure****Lakeside is a large two storey property with painted and rendered elevations beneath a number of pitched and hipped roofs.

Accommodation

The ground floor comprises of a large bar area with a central servery which can accommodate around 30 covers and there is an interlinking restaurant area which can accommodate around 130 covers with views across the southern lake.
Ancillary areas include two sets of customer WC's (including disabled), store room, meeting room, large catering kitchen with wash up area, walk in fridge/freezer rooms, staff room, two staff WC's, office, beer store and various storage areas.
The private accommodation is located on the first floor and comprises of 4 bedrooms, lounge, kitchen, bathroom and a terrace.
Part of the ground and first floor is sold off on a long lease at a peppercorn rent to Milton Keynes Parks Trust Ltd and is operated as a hotel. It is understood to comprise 24 en-suite letting bedrooms at first floor level plus a ground floor reception area.
Externally, there is a large rear service yard and an external bar/kitchen which fronts the southern lake. The property previously benefited from a large external seating area which was occupied via a licence from The Parks Trust although it is no longer in place. There are numerous pay-and-display car parks throughout Willen Lake, providing sufficient parking for visitors.
The property's total GIA is around 8,369 sq ft and it sits on a plot size amounting to circa 0.47 of an acre - (Source: Nimbus Maps).

Tenure Comments

The property is owned freehold - (Title Number: BM266473) and subject to the long lease dated 1st September 2000 to Milton Keynes Parks Trust Ltd - (originally between Punch Retail (Managed) Ltd and Punch Travel Inn Ltd). It is for a term of 99 years from 1st September 2000, expiring on 31st August 2099 - (circa 73 years unexpired). The basic rent is a peppercorn if demanded. Further details are available on request.

Planning and Development

We have made enquiries with the local authority and can confirm the property is not listed or within a conservation area. For further information please contact the local authority.

Services

We understand the property is connected to all mains services but any interested parties must rely on their own enquiries to confirm this.

Premises Licence

It is understood that the property currently possesses a Premises Licence.

Fixtures and Fittings

The sale of the property will include any trade fixtures and fittings which are in the absolute ownership of the Seller and in situ on completion. No fixtures and fittings will be warranted and no inventory can be provided. Any branded or leased items and any items owned by third parties will be excluded from the sale.

VAT

VAT is applicable on the sale of the property.

EPC

An EPC has been requested.

Viewings

The property is currently closed and viewings are strictly by appointment only.