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Commercial Property for sale

The Broadway, Bedford

Removed £1,800,000

Property Description

Key features

  • 13,202 sq feet
  • Prominent location
  • Gross Potential income in excess of 152,000 pa
  • A1, A2, A3 and B1 uses
  • Freehold
  • 12 parking spaces

Full description

Tenure: Freehold

This 1936 four storey RC concrete framed building is set in a prominent location in the Bedford town centre area. The property is within easy access of the Bedford main line train station.

The building currently occupies a mixture of A1, A2, A3 and B1 uses on short and long term leases. The Ground floor consists of retail and restaurant premises. The first, second and third floor comprises of office suites some of which are air conditioned. Male and female WC facilities are available on 1st, 2nd, 3rd floor. There is also lift access to all floors and allocated parking spaces for 12 vehicles are provided to the rear of the building.

Services connected to the property include: mains gas, electric and water.

The premises is generally in good condition however the specifications of the offices could benefit from an upgrade in time. The building falls within a conservation area and therefore any external changes is subject to the relevant statutory consents.

Current rental income including service and management charges excluding vat is in excess of £152,000 per annum

Currently there are 2 vacant office units based on this information full income potential at its current state is in the region of £160,000 per annum exclusive of vat

Rent schedules and further details on this property is available upon request. Please call Open House Bedford on 01234 364 000 to arrange a viewing or for more details.

Energy Performance Certificates (EPCs)

Map & Street View

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