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15-19 Mill St 4,198 SF Retail Condo Unit Offered at $732,201 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 Building Size | 25,372 SF | Typical Floor Size | 6,812 SF |
| Property Type | Retail (Condo) | Year Built | 1970 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.53 AC |
| Building Class | B | Parking Ratio | 0.08/1,000 SF |
| Floors | 4 |
| Total Building Size | 25,372 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 6,812 SF |
| Year Built | 1970 |
| Lot Size | 0.53 AC |
| Parking Ratio | 0.08/1,000 SF |
Amenities
- Controlled Access
- Security System
- Signage
1 Unit Available
Unit 15, 17 & 19
| Unit Size | 4,198 SF | Condo Use | Retail |
| Price | $732,201 | Sale Type | Investment |
| Price Per SF | $174.42 | Tenure | Freehold/Long Leasehold |
| Unit Size | 4,198 SF |
| Price | $732,201 |
| Price Per SF | $174.42 |
| Condo 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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