15 17 & 19 Mill Street, Bedford, MK40

FREEHOLD COMMERCIAL INVESTMENT

Description

• Income producing ground floor retail units forming part of a town centre site recently developed from office to residential
• Ground floor commercial units generate an income of £51,400 per annum, averaged over a 5-year period.
• The freeholder also benefits from a ground rent payable by long leaseholders of £3,405 per annum
• The ground rents are subject to increases every 10 years linked to RPI

Location

• Located on Mill Street which links with the High Street in Bedford Town Centre
• Highly visible position adjacent to a variety of retailers and office users
• Bedford Train Station approximately 0.5 miles
• Multi storey car parks within walking distance