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15-19 Mill St 4,198 sq ft Retail Unit Offered at £550,000 in Bedford MK40 3EU
Investment Highlights
- Prominent Business Location
- Wide Frontage
- Solid Transport Links
Executive Summary
The property consists of three ground floor retail units of masonry construction.
Property Facts Sale Pending
| Total Property Size | 25,372 sq ft | Typical Floor Size | 6,812 sq ft |
| Property Type | Retail (Unit) | Year Built | 1970 |
| Property Subtype | Shopfront Retail / Residential | Total Plot Size | 0.53 ac |
| Costar Property Class | B | Parking Allocation | 0.08/1,000 sq ft |
| Floors | 4 |
| Total Property Size | 25,372 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 4 |
| Typical Floor Size | 6,812 sq ft |
| Year Built | 1970 |
| Total Plot Size | 0.53 ac |
| Parking Allocation | 0.08/1,000 sq ft |
Amenities
- Controlled Access
- Security System
- Signage
1 Unit Available
Unit 15, 17 & 19
| Unit Size | 4,198 sq ft | Unit Use | Retail |
| Price | £550,000 | Sale Type | Investment |
| Price Per sq ft | £131.01 | Tenure | Freehold/Long Leasehold |
| Unit Size | 4,198 sq ft |
| Price | £550,000 |
| Price Per sq ft | £131.01 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
Description
The property consists of three ground floor retail units all fully let on 10 year lease terms creating an income of £50,735 per annum exclusive.
The freeholder benefits from ground rents payable by long leaseholders of £3,405 per annum. The ground rents are subject to increases every 10 years linked to RPI.
Sale Notes
This property is available for sale at £550,000.
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15-19 Mill St
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