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Agent's details

16, 16a, 18 and 18a Lime Street, Bedford, MK40

For sale: £850,000.00|5,425 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£850,000.00
SIZE5,425 Sq Ft
ADDRESS16, 16a, 18 and 18a Lime Street, Bedford, MK40
TYPEOther, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON28th June 2023

Description

Investment portfolio consisting of four retail premises to the ground floor and upper floor residential apartments.

To the rear of the premises there is gated access to a car park.

16 Lime Street let to Bedfordshire Police on a 10 year lease, from August 2017 at a rental of £22,000 per annum, with break option 18th August 2022.
16a Lime Street let to Vaperz on a 12 year lease from September 2014, at a current rent of £12,000 per annum, with break option 4th September 2019.18 Lime Street let to Games Workshop on a 10 year lease from 25th March 2022 at a rental of £15,000 per annum, with break option 5th year.
18a Lime Street let to Fishmongers on a 5 year lease from August 2020, at an average annual rental of £10,600 per annum.

Additionally, there is the income from the ground rents for the apartments, which is approximately £5,250 per annum.
( Agency Pilot Software ref: 518 )

Location

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Location: 16, 16a, 18 and 18a Lime Street, Bedford, MK40

Bedford (0.5 miles)

Bedford St Johns (0.6 miles)

Kempston Hardwick (3.4 miles)

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