1. Property photo 1 of 16 Gates Entrance
  2. Property photo 2 of 16 Under Ground
  3. Property photo 3 of 16 Gates

Offers over

£50,000

Parking/garage for sale
Traction Lane, Bedford MK42

    Just added
    Leasehold
    Added on 22/11/2025

    About this property

    • Rarely available, six wonderful secure private parking spaces

    • Electric shutter operated door to underground garage (Height restriction)

    • Very close proximity to Bedford South wing Hospital, and the town centre

    • Offers over £50,000 - Leasehold

    • Immediate 'exchange of contracts' available

    • Some spaces are larger than average

    • Long lease 991 year remaining & low ground rent of £130 approx per year per spac

    • Excellent potential yield return

    • Road worthy cars only, no vans!

    Draft Details

    This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

    Sell New Group are pleased to be able to offer for sale six secure individual parking spaces located in an underground car park on the popular Britania Gate development in Bedford. Conveniently located within short walk to Bedford South Wing Hospital and Bedford town centre. These spaces will be sold with vacant possession and would make an excellent investment with good yield potential. To book your private viewing, please contact us.
    Faq

    Roadworthy cars only no vans in accordance with the provisions of the lease
    Parking spaces for sale 1,4,6,11,23&24 each on their own Land registry title
    Service charge £130 per space per year (Approximately) Managed by Warick Estates
    Ground rent £100 per year per unit
    The term of the lease is 999 Start of lease 1st January 2017
    Height restriction of 1.9 meters 6.2ft
    Cash buyers only!

    It is the policy of Sell New Group that all clients must be financially pre-qualified, by one of our recommended independent financial advisers, before property comes off the market and a reservation deposit is requested to secure this opportunity.

    On reservation, Sell New Group will require:
    A copy of the purchaser's id (Driving licence or passport)
    Proof of deposit or funds
    Utility bill dated within the last 6 months
    A non-refundable £6,000 deposit is required to reserve this property; this will be deducted from the overall agreed sale price and is strictly on the basis of a 4 week exchange deadline, starting from when the legal contract has been received
    by your solicitor.

    Should you wish clarification on any of the above points, please ask prior to any reservation fees being paid.

    More information

    • Tenure

      Leasehold (991 years)

    • Service charge

      £130 per year

    • Council tax band

      Parking spaces

    • Ground rent

      £100

    • Ground rent date of next review

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