TypeRetail Investments · Ground Rents
TenureFor sale
Income producing ground floor retail units forming part of a town centre site recently developed from office to residential.
The rental income across all three units equates to ?50,735 per annum exclusive.
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.
The units are located on Mill Street in Bedford Town Centre.
Highly visible position adjacent to a variety of other retailers and office users.