Property Description
Oakgrove Village – Well‑Connected Retail Park in Milton KeynesOakgrove Village is located at MK10 9JQ, nestled midway between Central Milton Keynes and Junction 14 of the M1. It’s part of a major mixed‑use development comprising over 1,000 homes, a primary school, nursery, and approximately 60,000 sq ft of retail and leisure uses, anchored by a new 42,590 sq ft Waitrose supermarket. The site benefits from excellent transport links via the M1 (J13/14) and close proximity to Central Milton Keynes, with the M25 just 55 km to the south and the M6 around 65 km to the north
Scheme Details
Use Class:E(a) — suitable for retail, café, restaurant, and other front‑of‑house uses.
Total Floorspace:55,851 sq ft (of the planned 60,000 sq ft).
Development Context
Oakgrove is a new residential district built primarily by Crest Nicholson, featuring a local centre with Waitrose, Metro Bank, and smaller retail and service units. Positioned within a community of nearly 900 homes, the scheme embeds retail offerings directly within walking distance of residents. The broader area benefits from green spaces like Ouzel Valley and Willen Lake, with direct grid road access and proximity to Milton Keynes Central Station
Investment Insight for Fraser Bond
Oakgrove Village represents an opportunity to secure A‑use retail or leisure space in a highly accessible and fast‑growing residential node. It combines:
A strong captured catchment of new homeowners and nearby neighbourhoods (e.g., Middleton, Monkston).
Strategic infrastructure links via M1, urban gridroads, and public transport.
A proven anchor tenant (Waitrose) driving baseline footfall and demand.
Price & Availability
Currently, unit availability and pricing remain POA, with no public listings.
As a new development, leasing terms are likely aligned with modern convenience and small-format retail rates in Milton Keynes.
Comparative rents in similar town-centre outposts range between £25–£35/sq ft, but confirmation from agents is required.
Oakgrove Village Retail Park, MK10 9JQ, Use Class E(a)
55,851 sq ft planned retail/leisure space
Embedded in a new residential community with strong infrastructure, transport access, and anchor tenancy
POA, likely aligned with £25–£35/sq ft benchmark
Approach Crest Nicholson or retail agents to request leasing briefs, rental values, and unit availability.
Fraser Bond can assist with due diligence, market comparison, and direct introductions to asset managers.
