Commercial · For sale

Winterhill Retail Park, Milton Keynes – Prime & Dominant Retail Park Investment

Snowdon Drive, Milton Keynes, Milton Keynes, MK6 1AJ

Guide price £19,000,000

Tenure

Not specified

Added

18 Oct 2026

About this property

Let to Dunelm, Bensons, Nick Scali, Sofology, NCF Living and Egoitaliano.

A modern, purpose built retail park totalling 75,826 sq ft, configured as 6 retail warehouse units. Main customer access is from Snowdon Drive via V6 Grafton Street and Cairngorm Gate; separate service yard entrances are provided from Snowdon Drive and Cairngorm Gate. There are 308 car parking spaces, a ratio of 1:246 sq ft. The site extends to 5.31 acres in total, 2.18 acres east of Snowdon Drive and 3.13 acres west. Snowdon Drive is an adopted highway. Site plan - for identification only, not to scale

Key points: - Milton Keynes is an affluent South East city in the Oxford Milton Keynes - Cambridge Growth Corridor, forecast to become the 15th largest UK city by 2050. - 20 minute drive time population of 341,600. - Well-known, long established bulky goods destination; Winterhill Retail Park is the largest single ownership in the area. - 75,826 sq ft of unrestricted Class E retail space (including food) in 6 units. - Freehold, 5.31 acre site. - Total passing rent £1,470,867 p.a., a low average rent of £19.29 psf, WAULT 5.1 years. - Nick Scali rent review activated and ongoing; settlement at the stated ERV would increase rent to £1,502,405 p.a. - Dunelm recently renewed for a further 10 years. - 20 minute drive time population 341,607, rising to 786,496 within 30 minutes (CACI). - Mean income £57,150 (7.1% above UK average); 49% of households ABC1 vs 44% nationally.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Passing Rent: £1.47m p.a.
• Net Initial Yield: 7.25%
• WAULT: 5.1 years