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119 Castle Rd 1,611 SF Retail Building Bedford MK40 3QX $441,774 ($274.22/SF) 6.55% Cap Rate
Investment Highlights
- Popular residential area situated
- Located approximately 1 mile from Bedford Bus Station and 1.5 miles from Bedford Train Station
- Within walking distance of the Centre of Bedford
Executive Summary
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).
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).
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,611 SF
Building Class
C
Year Built
1975
Price
$441,774
Price Per SF
$274.22
Cap Rate
6.55%
NOI
$28,953
Tenancy
Single
Building Height
1 Story
Building FAR
0.64
Lot Size
0.06 AC
Amenities
- Signage
1 1
Nearby Major Retailers
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119 Castle Rd
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