Commercial property for sale in 16, 16A, 18 & 18A Lime Street, Bedford MK40, £850,000

850,000.00

Offer Nr.:
64974217
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Stimpsons Eves
Phone(s):
01234 671986

* Freehold
* Investment property
* Gated access to car park
* For sale £850, 000
Investment portfolio consisting of four retail premises to the ground floor
and upper floor residential apartments.
To the rear of the premises there is gated access to a car park.
16 Lime Street let to Bedfordshire Police on a 10 year lease, from August 2017
at a rental of £22, 000 per annum, with break option 18th August 2022.
16a Lime Street let to Vaperz on a 12 year lease from September 2014, at a
current rent of £12, 000 per annum, with break option 4th September 2019. 18
Lime Street let to Games Workshop on a 10 year lease from 25th March 2022 at a
rental of £15, 000 per annum, with break option 5th year.
18a Lime Street let to Fishmongers on a 5 year lease from August 2020, at an
average annual rental of £10, 600 per annum.
Additionally, there is the income from the ground rents for the apartments,
which is approximately £5, 250 per annum.

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