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£850,000

High Street, Bedford, MK40

  • 4 beds
Other

£850,000

  • 4 beds
Other
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Estimate monthly mortgage payment:

£3,880 per month

Minimum deposit amount:

£42,500
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A Victorian building with mixed use providing accommodation over Four Floors. The Property comprises of a retail unit to ground floor and basement and measures in total approx. 1,288 sq ft. The First and Second floors comprise of Four occupied residential apartments including 3 x 2 bedrooms and a 1 bedroom.


The Ground floor and basement are currently occupied by a barbers with a lease in place until August 2027 currently achieving a rent of ?24,000 per annum. The apartments to upstairs are currently achieving a rent roll of ?38,100 per annum, therefore equating in a total rent roll including the commercial element of ?62,100 per annum.

The Premises is located on the High Street, which has seen major resurgence over recent times and has a number of bluechip companies including Tesco Express next door which attracts further footfall in an already busy high street.

Bedford also benefits from excellent road links including the A6, A421 and close proximity to Junction 13 of the M1 as well as excellent transport links from Bed Bus and Train Station with links to Central London.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Luton Borough Council,

Utilities
Electric: Unknown
Gas: Unknown
Water: Unknown
Sewerage: Unknown
Broadband: Unknown
Telephone: Unknown

Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No
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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£30,000
Mortgage and legal costs:
£999
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