£850,000
(£156.68/sq. ft)
Property for sale16, 16A, 18 & 18A Lime Street, Bedford MK40
5,425 sq. ft
Freehold
About this property
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.
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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