Prime position on the attractive and popular St Cuthbert's Street
Neighbouring occupiers Include KSK Accountants, Woodfines Solicitors and Premier Solicitors
Lot 31
Auction 12th February 2020
Rent £82,800 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
Property Information
Location
Miles
17 miles north-east of Milton Keynes
28 miles south-west of Cambridge
Roads
A6, A421, A428, M1
Rail
Bedford Railway Station
Bedford St Johns Railway Station
Air
London Luton Airport
Situation
Bedford is an attractive and popular commuter town. The property is situated on the west side of the busy St Cuthbert's Street, 500 metres east of the centre of Bedford. Neighbouring occupiers include KSK Accountants, Woodfines Solicitors and Premier Solicitors.
Tenure
Freehold.
Location
Miles
17 miles north-east of Milton Keynes
28 miles south-west of Cambridge
Roads
A6, A421, A428, M1
Rail
Bedford Railway Station
Bedford St Johns Railway Station
Air
London Luton Airport
Situation
Bedford is an attractive and popular commuter town. The property is situated on the west side of the busy St Cuthbert's Street, 500 metres east of the centre of Bedford. Neighbouring occupiers include KSK Accountants, Woodfines Solicitors and Premier Solicitors.
Tenure
Freehold.
Description
The property comprises a single storey building that has been converted to an indoor arcade/market with some 17 units.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
Available from the legal pack at acuitus.co.uk.
Description
The property comprises a single storey building that has been converted to an indoor arcade/market with some 17 units.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
Available from the legal pack at acuitus.co.uk.
Tenancy & Accommodation
Unit
Tenant
Term
Rent p.a.x
1 & 2
INDIVIDUALS t/a Happyfones Ltd
Tenancy at will
£10,800
3
INDIVIDUAL t/a Alexander Barbers
Tenancy at will
£6,000
4
INDIVIDUAL t/a En Point Clothing
Tenancy at will
£4,800
5 & 6
VACANT
7
INDIVIDUAL t/a DNA Sports Therapy
Tenancy at will
£6,000
8
INDIVIDUAL t/a Lola’s Home
Tenancy at will
£4,800
9
Ladies Hair Salon
3 years from 01/02/2020 (2)
£6,000
10, 11 & 12
INDIVIDUAL t/a Rosanna
3 years from 31/08/2019 (3)
£18,000
A
INDIVIDUAL t/a Coffee Shop
Tenancy at will
£12,000
B
VACANT
C
INDIVIDUAL
Tenancy at will
£4,800
D
INDIVIDUAL t/a Pink Rose Trading
Tenancy at will
£4,800
E
INDIVIDUAL t/a K J Photography
Tenancy at will
£4,800
Totals
£82,800 (1)
(1) The rents stated above have been annualised. (2) As to unit 9, the lease provides for an option to determine in year 2. (3) As to units 10, 11 and 12, the lease provides for an option to determine in year 2.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
