Co-op Food, Bedford

 

Queens Tavern, 120 Queens Drive, Bedford MK41 9JF

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £63,000
  • Lease Term: 15 years from May '17
  • VAT applicable?: Y

Property Description

  • Freehold Blue-Chip Convenience Store Investment
  • Newly configured convenience store comprising ca. 370 sq.m on the ground floor and 68 sq.m on the first floor
  • The site has parking for 10 cars

Location Description

  • The affluent town of Bedford, with a population of around 80,000, is located 20 miles north of Luton in the East of England.
  • This unit is located in a residential area, next to a petrol station & opposite a large medical centre.

Additional Notes

  • Brand new 15 year lease to Co-Op Food with no breaks at an initial rent of £63,000 p.a. from May '17
  • 5 yearly rent reviews index linked to CPI (collar & capped at 1% & 3% p.a. on compound basis)

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