Call the team on 020 7625 9007 for more information
A Commercial Investment Producing £50,000 Per Annum. Potential to Convert Upper Floors to Residential (Subject to Obtaining all Relevant Consents)
The property comprises a ground floor double fronted shop situated within a mid terrace building arranged over ground and first floors.
Tenure
Freehold
Location
The property is situated on Harpur Street, a short distance from Harpur Shopping Centre. Nearby multiples include B&M, Primark and Boots. Transport links are provided by Bedford rail station.
Accommodation
Ground Floor Retail Unit (GIA: 188.6 sq m / 2,030 sq ft) First Floor Ancillary (GIA: 150 sq m / 1,624 sq ft)
Tenancy
The property is let on a 10 year FRI lease to Sue Ryder from 28th July 2016 at a rent of £4,166 per calendar month.
Current Rent Reserved
Current Rent Reserved £50,000 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.