62 Park Rd W
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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).
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
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Nearby Major Retailers
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62 Park Rd W
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