£850,000

Property for sale

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Freehold

£850,000

(£156.68/sq. ft)

Property for sale

16, 16A, 18 & 18A Lime Street, Bedford MK40

5,425 sq. ft

Local area information

Property location

Nearby amenities

  • Priory Primary School 0.3 miles
  • Bedford School 0.3 miles
  • Bedford 0.5 miles
  • Bedford St Johns 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bedford to find out more about the local area.

Features and description

  • 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.

More information

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