MK40 97 High Street, Bedford

Available to purchase freehold, this mixed use town centre investment comprises ground floor retail unit currently let at a passing rent of £10,200 per annum. The commercial tenant has been a longstanding occupier of the premises since the 80's.

The first floor flat has its own entrance from the High Street and comprise entrance hall, open plan living / dining / kitchen and double bedroom with ensuite. The flat is currently producing a rental income of £750 per month and the tenant has an assured shorthold tenancy agreement.

We are of the opinion that both elements are currently under rented and uplifts to the current market rent will be possible at the next renewals.

The second floor flat has been sold of as a long leasehold interest. Town centre mixed use investment.

Income producing with potential to increase rental income

Ground floor commercial unit and first floor apartment

New shop front recently installed

The property is located on Bedford High Street which forms part of the A6 and is one of the main roads running through the town north to south. The High Street benefits from high levels of footfall and nearby occupiers include a range of national and independent retailers. The property is also within walking distance of the bus station, train station and town centre car parks

Rental Income £19,200 pa