32 The Broadway, Bedford, Bedfordshire, MK40

£995,000

Size

3,525

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Other use(s)
Restaurant
Frontage
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No floor / site plan

Key features

  • Mixed Use Investment
  • Potential To Create Additional Residential Accommodation (subject to planning)
  • Fixed Rental Uplifts

Description

Mixed use investment property comprising restaurant let to a long standing independent operator plus two separately accessed large apartments.
The first and second floors comprise a 3-bedroom and a 4-bedroom residential dwelling, both let on 12-month ASTs, each generating £2,000 per calendar month inclusive of bills and council tax. The ground floor lease commenced on 10 December 2024 for a term of 10 years, expiring on 30 September 2034.
Tenant-only break clause on 30 September 2029, subject to six months' prior notice.
Stepped rental commencing at £18,000 per annum (exclusive), currently achieving £18,540 per annum (exclusive), with annual increases through to 2033, reaching £23,496 per annum.

The property is positioned in a highly visible location on The Broadway in Bedford Town Centre. The road forms part of the A6 which is one of the main routes through the town centre.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

32 The Broadway, Bedford, Bedfordshire, MK40

NEAREST STATIONS

National Rail

Bedford Station

0.5 miles

National Rail

Bedford St. Johns Station

0.72 miles

National Rail

Kempston Hardwick Station

3.65 miles

About BTG Eddisons, Bedford

BTG Eddisons, Bedford

BTG Eddisons operates from 35 offices across the UK, with a team of more than 550 surveyors, consultants and property professionals supported by dedicated administrative and marketing functions. Our national network enables us to provide consistent, locally grounded advice across every major region, with the breadth of resource a national firm can offer behind each instruction.

Our services span commercial property agency, property auctions, business sales, professional valuations, lease advisory, rating, property management, building consultancy, architecture, decarbonisation consultancy and transport planning. Find out more at eddisons.com

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Disclaimer - Property reference 27713FH. 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 BTG Eddisons, Bedford. 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.