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62 Park Rd W

1,802 SF 100% Leased Retail Building Bedford MK41 7SL $763,331 CAD ($424 CAD/SF)

Investment Highlights

  • Mixed use investment
  • Off road parking
  • Suitable for residential conversion (subject to planning)

Executive Summary

The freehold is available to purchase at a quoting price of £425,000.
The commercial unit is currently vacant and would be ideal for continued office or retail use. The first floor could easily be separated to create a separate unit and either the whole or part of the commercial element could be converted into additional residential accommodation (subject to planning). The two flats (62B & 62C) are currently occupied by way of assured short hold tenancy agreements. The total current rental income is £1,800 pcm (£900 pcm per flat).

Property Facts Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,802 SF
Year Built
1981
Price
$763,331 CAD
Price Per SF
$424 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.87
Lot Size
0.05 AC
Frontage
18 ft on Park Road West

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage
  • Storage Space
  • On-Site Security Staff

Nearby Major Retailers

Pure Gym
Santander
Costa Coffee
Iceland
Whole Foods Market
HSBC Bank Plc
Clydesdale Bank Plc
Morrisons
Coffee Republic
Checkers Dessert Lounge
  • Listing ID: 31937066

  • Date on Market: 2024-05-28

  • Last Updated:

  • Address: 62 Park Rd W, Bedford MK41 7SL

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