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95-97 High St 1,270 SF Vacant Retail Building Kempston MK42 7BS $371,757 ($292.72/SF)
Investment Highlights
- Well-positioned on arterial route into central Bedford
- Excellent access to the A421, A1, and M1
- Public transport links via Bedford Station only a short distance away
Executive Summary
Rental Income: £12,600 p.a.
ERV: £27,600 p.a. GIY: 10.04%
VAT is NOT applicable to this property
No.97 benefits from gated yard, suitable for vehicle parking
Comprises ground floor shop t/a florist (No.95) and a vacant retail premises over ground and first floor (No.97)
Nearby occupiers include Papa John`s Pizza, BP Petrol Station and Co-Op Food, amongst other local retailers.
Property Description:
The property comprises Grade II Listed building arranged as a ground floor shop t/a florist (No.95) and a vacant retail arranged over ground and first floor (No.97), providing the following accommodation and dimensions:
No. 95
Ground Floor: Shop 46 sq m (495 sq ft)
3 Rooms, WC
No. 97
Ground Floor: Shop 25 sq m (270 sq ft)
2 Rooms, Yard suitable for parking up to 2 cars
First Floor: Ancillary 47 sq m (503 sq ft)
2 Rooms, Kitchenette, Bathroom
Tenancy:
No.95 Ground Floor Shop is at present let on Tenancy at Will to an Individual for a term of 1 year from 1st May 2022 at a current rent of £12,600 per annum and the license contains full repairing and insuring covenants.
No.97 Ground/First Floor is at present vacant. ERV: £15,000 p.a.
Location:
Kempston is a town and civil parish in the Borough of Bedford, Bedfordshire, England. It had a population of 19,330 in the 2011 census. Kempston is part of Bedford's built-up area and is situated directly south-west of Bedford. Transport links include excellent access to the A421 bypass linking to both the A1 and M1 and Milton Keynes and for people commuting by train, Bedford Station linking to St Pancras lies approximately 2 miles away. The property is ideally located for all of the Kempston's amenities including well respected schools, Addison Park and the Saxon Centre which contains Sainsbury`s supermarket, Costa Coffee and other national retailers.
Property Facts
Amenities
- Corner Lot
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This versatile property offers ground floor retail premises arranged as two well-proportioned rooms, providing excellent frontage and adaptable space for a variety of uses. To the rear, there is a gated yard offering secure parking for up to two vehicles. The first floor comprises two additional rooms, a kitchenette, and a bathroom, making it ideal for office, studio, or ancillary accommodation use. Ideal for small businesses this property combines convenience, practicality, and excellent potential for a range of business uses.
| Space | Size | Space Use | Position | Available |
| Ground | 270 SF | Retail | In-Line | Now |
Ground
| Size |
| 270 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Ground
| Size | 270 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This versatile property offers ground floor retail premises arranged as two well-proportioned rooms, providing excellent frontage and adaptable space for a variety of uses. To the rear, there is a gated yard offering secure parking for up to two vehicles. The first floor comprises two additional rooms, a kitchenette, and a bathroom, making it ideal for office, studio, or ancillary accommodation use. Ideal for small businesses this property combines convenience, practicality, and excellent potential for a range of business uses.
Nearby Major Retailers
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95-97 High St
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