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32 The Broadway, Bedford, Bedfordshire, MK40

£995,000

£282.27 per sq ft

Business rates & charges may apply

BTG Eddisons, Bedford
SIZE AVAILABLE

3,525 sq ft

327 sq m

SECTOR

High street retail property for sale

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.

Brochures

32 The Broadway, Bedford, Bedfordshire, MK40

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bedford Station0.5 miles
  • Bedford St. Johns Station0.7 miles
  • Kempston Hardwick Station3.6 miles

About BTG Eddisons, Bedford

4a Goldington Road, Bedford, MK40 3NF

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

Notes

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