Property

1
Property
2
Milton Keynes has a modern, affordable and
desirable property portfolio

• Move in immediately or build premises on your own
  bespoke development land
• Indicative land costs 500 - 700,000 per acre

3
Office (Planning Use class B1) costs

• Average rental 12-15 per psf per annum
• Prime (brand new) 16-21 psf per annum
• Secondary 8-10 psf per annum
• (Bletchley/Wolverton)
• Freehold 200-230 psf
• Business rates 4.50 psf per annum
• Service charges 3-7 psf per annum

4
Industrial (Planning Use class B2/B8) costs

• Average rental 5-7 per psf per annum
• Prime 7-9 psf per annum (Kingston)
• Secondary 3.50 psf per annum (Bletchley/Olney)
• Freehold 80-110 psf
• Business rates 2.50 psf per annum
• Small service charge buildings insurance
  0.30 - 0.50 psf per annum

5
Business unit costs

• Industrial units with high office content
• Prime 10-12 psf per annum
• Secondary 6-8 psf per annum

6
Main employment locations in Milton Keynes and
North Bucks

• Blakelands
• Bleak Hall
• Bletchley
• Bradville
• Bradwell Abbey
• Brinklow
• Buckingham
• Caldecotte Business Park
• Central Milton Keynes
• Crownhill
• Denbigh East

• Denbigh Hall
• Denbigh West
• Granby
• Hanslope
• Interchange Park, Newport Pagnell
• Kents Hill
• Kiln Farm
• Kingston
• Knowlhill
• Linford Wood

7
Main employment locations in Milton Keynes and
North Bucks

• Mount Farm
• Newport Pagnell
• Northfield
• Old Wolverton
• Redmoor
• Rooksley
• Shenley Wood
• Snelshall
• Stacey Bushes
• Tilbrook

• Tongwell
• Walton
• Water Eaton
• Wavendon
• Westcroft
• Wharfside
• Woburn Sands
• Wolverton
• Wolverton Mill
• Wymbush

8
What is Invest Milton Keynes?

• Invest Milton Keynes (IMK) is the inward
  investment agency for Milton Keynes. Its role
  entails
• Assisting in the relocation of businesses to
  Milton Keynes
• Aiding the expansion of existing companies
  already in the city
• IMK offers a range of free services
• Premises and site search
• Business relocation support
• Employee relocation support
• City tours for key personnel
• Market information
• Network and supplier information
• Ongoing business support

9
Contact Us

• For more information on the range of services
  offered by Invest Milton Keynes or to request
  assistance with relocation or expansion please
  contact a member of the inward investment team.
• Call 01908 200800
• Email enquiry_at_investmiltonkeynes.com
• Visit www.investmiltonkeynes.com
• The details contained in this document are for
  information only. While Invest Milton Keynes
  makes every effort to check that the information
  contained in these pages is correct and
  up-to-date at the time of publication, it cannot
  be held responsible for any errors or omissions.
  All trademarks in this document are the property
  of their respective owners. Information correct
  as of November 2008.