For Sale: £850,000 for the Freehold
5,425 Sq Ft
Investment property
Gated access to car park
For sale £850,000
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.
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.
Lime Street is located just off Bedford High Street with direct access to Harpur Street and Bedford's town centre.
The historic market town of Bedford with its attractive riverside frontage is centrally located to London, Oxford, Cambridge and Milton Keynes. Bedford is located approximately 50 miles north of London, 10 miles east from Junction 13 of the M1 motorway accessed via the A421, and 9 miles west of the A1 via the A428 and A603.
The historic market town of Bedford with its attractive riverside frontage is centrally located to London, Oxford, Cambridge and Milton Keynes. Bedford is located approximately 50 miles north of London, 10 miles east from Junction 13 of the M1 motorway accessed via the A421, and 9 miles west of the A1 via the A428 and A603.
