Commercial Properties For Sale in Bedford Castle, Bedford, Bedfordshire
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This former bank premises is situated at the heart of Bedford town centre. Internally the property has been stripped back to make way for split electrical works, making this a prime residential redevelopment opportunity to create a ground floor commercial area with separate access to first floor level, subject to planning.
Available to purchase freehold, this mixed use town centre investment comprises ground floor retail unit currently let at a passing rent of £10,200 per annum. The commercial tenant has been a longstanding occupier of the premises since the 80's. The first floor flat has its own entrance from the High Street and comprise entrance hall, open plan living / dining / kitchen and double bedroom with ensuite. The flat is currently producing a rental income of £750 per month and the tenant has an assured shorthold tenancy agreement.
Prominently positioned on St. Loyes Street, just off Allhallows in the heart of Bedford town centre, this attractive ground floor retail unit presents an excellent opportunity for a wide range of retail, leisure, or service-based occupiers. Benefiting from a busy high-footfall location just a short walk from Bedford Bus Station, the property offers a well-presented and versatile retail space, complemented by a kitchenette and W.C. facilities. Ideally suited to businesses seeking a highly visible, central, and easily accessible trading position within one of Bedford's established commercial areas.