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For Sale£850,000.00

12- 20 Castle Lane, Bedford, MK40 3US

Retail - High Street, Other, Retail, Other Property Types & Opportunities
Property type: Retail - High Street, Other, Retail, Other Property Types & Opportunities
Tenure: Development Opportunity, Investment Opportunity, For Sale Freehold
Price: £850,000.00
Location: 12- 20 Castle Lane, Bedford, MK40 3US
The properties include the ground floor retail units of 12 Castle Lane. 16 Castle Lane, 18 & 18 A Castle Lane and 20 Castle Lane. The units benefit from having a variety of tenants with a mix of retail, healthcare and restaurant users. One of the larger units is in the process of being split into 2 smaller, circa 650 sq ft retail units. These works will be completed by the end of December 2017.

The upper parts form part of a luxury residential development of 24, 1 / 2 and 3 bedroom apartments all with secure private parking and have been sold on 125 year long leaseholds. The annual ground rent income collected from the 24 residential apartments totals circa £2,500.

( Agency Pilot Software Ref: 103123 )
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