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119 Castle Road, Bedford, Bedfordshire, MK40
Investment
1,016 of 1,611 Sq Ft (94.39 of 149.66 Sq M)
£325,000 Exclusive
Description
- A mixed use investment property situated in the popular Castle Quarter area.
- The ground floor commercial unit is let to an estate agency business for a term of 5 years from August 2025 at a rent of £9,600 pa.
- The first and second floors provide a separately access two bedroom flat let a private individual on an assured shorthold tenancy agreement at a rent of £11,700 pa (975 pcm)
Location
- Castle Road is popular residential area situated within walking distance of the Centre of Bedford.
- The property is situated within the main commercial parade of Castle Road and adjacent to One Stop and other retailers, cafes, restaurants and businesses.
- Located approximately 1 mile from Bedford Bus Station and 1.5 miles from Bedford Train Station.
More Information
Accommodation
| Description | Sq Ft | Sq M |
|---|---|---|
| Commercial Ground Floor | 595 | 55.28 |
| Residential First Floor | 1016 | 94.39 |
| Total | 1,611 | 149.67 |
Terms
The premises is to be sold on a freehold basis at offers in excess of £325,000 exclusive. VAT is payable.
EPC
Commercial EPC - C-63
Residential EPC - E-42
Business Rates
The Rateable Value is £8,900 per annum. From April 1st the Rateable Value is £9,300 per annum. For the rates payable, please contact www.voa.gov.uk