£575,000
(£136.97/sq. ft)
Office for sale15 17 & 19 Mill Street, Bedford MK40
4,198 sq. ft
Added on
BTG Eddisons Bedford
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About this property
Income Producing Investment Opportunity
Tenant's Lease Expiring June '36
Rental Income Plus Ground Rent
Income producing ground floor retail units forming part of a town centre site recently developed from office to residential.
All three ground floor commercial units are held under one lease for a period of 10-years commencing 1st June 2026, with average annual rent of £51,400 up until the 5th year break clause.
The freeholder 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.
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