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Property details
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Commercial property for sale in 15-19 Mill Street, Bedford, Bedfordshire

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Commercial property for sale

4,198 sq. ft*

Property features

Guide price £550,000 plus VAT
£54,140 income generated per annum
Town centre location
Allocated parking to the rear

Property description

The property consists of three ground floor retail units all fully let on 10 year lease terms creating an income of £50,735 per annum exclusive.

The freeholder benefits from ground rents payable by long leaseholders of £3,405 per annum. The ground rents are subject to increases every 10 years linked to rpi.

The building has recently undergone extensive conversion of the upper parts from offices into residential apartments. The ground floor retail units have equally been refurbished and offer prominent shop frontage in the heart of Bedford town centre.

Property info

Brochure

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Fisher German LLP, and do not constitute property particulars. Please contact Fisher German LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.