7-11 Midland Road, Bedford, Bedfordshire, MK40 1PL
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High street retail property for sale
Description
**For Sale By Public Auction 10th September 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**
A Mid Terrace Building Measuring 17,225 sq ft and Arranged to Provide a Lower Ground and Ground Floor Commercial Unit with First and Second Floor Ancillary Space Fully Let to Iceland Food Ltd Producing £175,000 Per Annum (Not Currently in Occuption). Plans have been Drawn up for the First and Second Floors to be Converted into Seventeen Flats. (25% Yield on the Guide Price).
Let to Iceland Foods Ltd Until December 2026
Tenure
Freehold
Location
The property is situated within Bedford City Centre close to local shops and amenities. Nearby multiples include JD Sports, Boots and Halifax. The open spaces of Russell Park are within easy reach. Transport links are provided by Bedford rail station.
Description
The property comprises a mid terrace commercial building arranged over four floors. Plans have been drawn up to convert the upper parts into 17 flats. No planning application has been submitted for this scheme. Drawings of the proposed plans are available in the legal pack. We make no representations or warranties with regard to this scheme and/or the validity of the aforementioned plans. Buyers must rely on their own enquiries with regard to any development potential, permissions required and any previous planning history.
Accommodation
Lower Ground and Ground Floors
Commercial Unit
First and Second Floors
Ancillary Space
Total G.I.A Measuring Approximately 17,225 sq ft
Tenancy
The property is let to Iceland Foods Ltd until 19th December 2026 at a rent of £175,000 per annum (not currently in occupation).
EPC Rating
C
Viewing Appointments to be Confirmed
Brochures
7-11 Midland Road, Bedford, Bedfordshire, MK40 1PL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bedford Station0.4 miles
- Bedford St. Johns Station0.5 miles
- Kempston Hardwick Station3.4 miles
Notes
Disclaimer - Property reference 303124. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House London, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House London, London on 020 7870 6217.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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