From
£295,000
(£187.54/sq. ft)
Retail premises for sale38 Allhallows, Bedford MK40
1,573 sq. ft
EPC Rating: C
Freehold
About this property
Highly visible location
Town centre
Tenant with a 5 year lease
Description
This is a highly visible and prominent three storey retail unit with a modern glass shop frontage.
The central entrance door opens into an open plan sales area. There are stairs at the rear of the unit that provide access to the first floor which is almost entirely open plan and further provides access to the second-floor staff/kitchen area and male and female WCs.
Location
Strategically located in the heart of Bedford’s central business district, Allhallows presents a compelling opportunity for commercial property investors seeking a premises with strong visibility, high footfall, and long-term growth potential.
This established town centre location benefits from immediate proximity to Bedford Bus Station, ensuring consistent pedestrian traffic and excellent transport connectivity for both customers and employees. Surrounded by national retailers, independent businesses, and ongoing regeneration projects, Allhallows offers a well-balanced commercial environment ideal for retail, office, hospitality, or mixed-use developments.
Bedford itself is a key regional town with a growing population, supported by significant infrastructure investment and strong commuter links to London, Cambridge, and the Midlands. Allhallows is central to this growth, offering not only short-term returns but also long-term capital appreciation as the town centre continues to evolve. Especially with Bedford set to become on the UK premier entertainment destination with Universal Studios opening in circa 2031.
Viewings
Strictly by prior arrangement with the sole agents.
Terms
This property is available to purchase at an asking price of £295,000 exclusive of VAT.
Tenancy
This property is available for sale on a freehold title and subject to the newly agreed lease terms to the existing tenants trading as Your Move Estate Agents on a term of 5 years with a tenant only break clause at the end of year 3.
Rent is set at years 1 & 2: £22,500 per annum and years 3,4 & 5: £23,000 per annum.
The lease is contracted within the security of tenure provisions of sections 24-28 of the Landlord & Tenant Act 1954.
This is a highly visible and prominent three storey retail unit with a modern glass shop frontage.
The central entrance door opens into an open plan sales area. There are stairs at the rear of the unit that provide access to the first floor which is almost entirely open plan and further provides access to the second-floor staff/kitchen area and male and female WCs.
Location
Strategically located in the heart of Bedford’s central business district, Allhallows presents a compelling opportunity for commercial property investors seeking a premises with strong visibility, high footfall, and long-term growth potential.
This established town centre location benefits from immediate proximity to Bedford Bus Station, ensuring consistent pedestrian traffic and excellent transport connectivity for both customers and employees. Surrounded by national retailers, independent businesses, and ongoing regeneration projects, Allhallows offers a well-balanced commercial environment ideal for retail, office, hospitality, or mixed-use developments.
Bedford itself is a key regional town with a growing population, supported by significant infrastructure investment and strong commuter links to London, Cambridge, and the Midlands. Allhallows is central to this growth, offering not only short-term returns but also long-term capital appreciation as the town centre continues to evolve. Especially with Bedford set to become on the UK premier entertainment destination with Universal Studios opening in circa 2031.
Viewings
Strictly by prior arrangement with the sole agents.
Terms
This property is available to purchase at an asking price of £295,000 exclusive of VAT.
Tenancy
This property is available for sale on a freehold title and subject to the newly agreed lease terms to the existing tenants trading as Your Move Estate Agents on a term of 5 years with a tenant only break clause at the end of year 3.
Rent is set at years 1 & 2: £22,500 per annum and years 3,4 & 5: £23,000 per annum.
The lease is contracted within the security of tenure provisions of sections 24-28 of the Landlord & Tenant Act 1954.
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