Commercial Property for sale in Midland Road Bedford MK40

Sale Price: £800,000

Bedford Bedfordshire Bedford, MK40 1DW

Commercial Property
-- Bed(s)
-- Bath(s)
Available

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Street Address

Bedford Bedfordshire Bedford, MK40 1DW

Property description

With an annual income in excess of £90,000, this fully let freehold block of apartments is divided to form 15 self- contained flats and is located between the main line station and the town centre.

This substantial building was formerly a licensed inn and offers in excess of 4,700 square feet of accommodation over three floors. To the rear is a fenced courtyard garden.

Ground Floor Accommodation:
Communal entrance and hallways and eight studio flats.

First Floor Accommodation:
Communal hallways, three studio flats and three one bedroom flats.

Second Floor Accommodation:
One three bedroom flat.

Individual Rental Rental Income:
Flat 1 - £500 PCM Flat 2 - £475 PCM Flat 3 - £525 PCM Flat 4 - £525 PCM Flat 5 - £500 PCM Flat 6 - £475 PCM Flat 7 - £475 PCM Flat 8 - £500 PCM Flat 9 - £440 PCM Flat 10 - £525 PCM Flat 12 - £500 PCM Flat 13 - £400 PCM Flat 14 - £550 PCM Flat 15 - £525 PCM Flat 17 - £900 PCM

Gross Annual Rental Income:
£93,780

EPCs:
Flats 1,2,3,4,5,6,8,10,11,12,13,14,15 and 16 - Grade C Flats 7 and 9 - Grade D Flat 17 - Grade F

Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority
Bedford Borough Council - 01234 267422

Solicitors
Taylor Walton Solicitors, Hill Farm Barn, Water Lane, Renhold, Bedford MK41 0JH, Ref: Steve Griffiths - steve.griffiths@taylorwalton.co.uk, Tel: 01234 871990

Freehold



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