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Iceland, Goldington Square Church Lane, Bedford, MK41 0PW

£ 101,250 pa / 6,970 sq ft
Iceland, Goldington Square, Bedford - Picture 2019-06-07-14-30-58
Use Class

Use Class

E

Size

Size

6,970 sq ft

Rent pa

Rent pa

£101,250

Price

Price

£1,660,000

Purpose Built Supermarket Investment

The property provides a purpose built single storey Iceland supermarket completed in 2015 and fronting a 110 space car park which is free to use. The premises benefit from a shared service yard and accessed via Needwood Road.

  • Well located in Goldington a suburb of Bedford

  • Forms part of a purpose built district centre

  • Developed in 2015 by Coplan Estates in partnership with Bedford City Council

  • Purpose built supemarket

  • Let to Iceland Foods Limited (D&B 5A 2)

  • Lease expiry 25 June 2030 (no breaks)

  • Passing rent: £101,250 (£14.50 psf)

  • Price: £1,660,000 subject to contract and exclusive of VAT

  • Net Initial Yield: 5.75% after purchaser's costs at 6.17%

Bedford is the principal commercial and retail centre of Bedfordshire. The town benefits from excellent road communications wtih J13 of M1 10 miles to the south west and the A1 9 miles to the east.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 18/01/2022