Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the agent for more information about this property

161 Castle Rd 803 sq ft Retail Unit Offered at £450,000 in Bedford MK40 3RT

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Located on small retail parade
  • Good road connectivity
  • Suburban catchment area

EXECUTIVE SUMMARY

The historic market town of Bedford with its attractive riverside frontage is centrally located to London, Oxford, Cambridge and Milton Keynes. Bedford is located approximately 50 miles north of London, 10 miles east from Junction 13 of the M1 motorway accessed via the A421, and 9 miles west of the A1 via the A428 and A603.

ATTACHMENTS

Brochure

PROPERTY FACTS

Total Property Size 1,001 sq ft
Property Type Retail (Unit)
Property Subtype Shopfront Retail / Residential
Costar Property Class B
Floors 2
Typical Floor Size 402 sq ft
Year Built 1900
Total Plot Size 0.08 ac

AMENITIES

  • Signage
  • Storage Space

1 UNIT AVAILABLE

Unit 161

Unit Size 803 sq ft
Price £450,000
Price Per sq ft £560.40
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 2.89%
NOI £13,000
DESCRIPTION

The property is a retail unit in a very popular location. It has a good window display and frontage, with a spacious open plan retailing area. It has a further storage area, as well as secure external storage and shared access to the rear. Above the retail there is also a 2 bedroom first floor flat with separate access from the rear.

SALE NOTES

The premises is currently let by way of a 15 year full repairing and insuring lease, with approximately 12 years remaining, at a passing rent of £13,000 per annum.  The flat is let at £850 per calendar month.

NEARBY MAJOR RETAILERS

Costa Coffee
Coffee Republic
Lidl
Lloyds Bank Plc
NatWest
Barclays
Slug & Lettuce Company
German Doner Kebab
Nando's
Tesco Extra
  • Listing ID: 38786758

  • Date on Market: 16/12/2025

  • Last Updated:

  • Address: 161 Castle Rd, Bedford MK40 3RT

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}