£550,000
(£131.01/sq. ft)
Property for sale15 17 & 19 Mill Street, Bedford MK40
4,198 sq. ft
Freehold
About this property
Income Producing Investment Opportunity
Tenant's Lease Expiring November 2030
Rental Income Plus Ground Rent
Estimated Rates Payable: £19211.5
Income producing ground floor retail units forming part of a town centre site recently developed from office to residential.
The rental income across all three units equates to £50,735 per annum exclusive.
The freeholder benefits from a ground rent payable by long leaseholders of £3,405 per annum. The ground rents are subject to increases every 10 years linked to rpi.
The rental income across all three units equates to £50,735 per annum exclusive.
The freeholder benefits from a ground rent payable by long leaseholders of £3,405 per annum. The ground rents are subject to increases every 10 years linked to rpi.
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