Under Offer

119 Castle Road, Bedford, Bedfordshire, MK40
£325,000 Exclusive

ID:

27406

1,611 Sq Ft
For Sale
Investment

Details

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

DescriptionSq FtSq M
Commercial Ground Floor595.0055.28
Residential First Floor 1,016.0094.39
Total1,611.00149.67

Terms
The premises is to be sold on a freehold basis at offers in excess of £325,000 exclusive. We understand that VAT is not 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

Location

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