Property photos
Offers in region of
£775,000
(£78.32/sq. ft)
Office for sale
106A Bedford Road, Wootton, Bedford, Bedfordshire MK439,895 sq. ft
Local area information
Property location
Nearby amenities
- Wootton Lower School 0.3 miles
- Wootton Upper School 0.9 miles
- Kempston Hardwick 1.1 miles
- Stewartby 2.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Fully Let Investment
- Potential For Future Rental Growth
- Village Location
- Parking
The industrial estate known as 106A Bedford Road Wootton comprises multiple business units of which 18 are in single ownership and available to purchase.
All units are currently let and income producing. There are 9 separate tenants and the current annual rental income is £64,562 per annum exclusive.
The investment provides future potential for rental growth with a current estimated rental value of £75,000 per annum and leases that require renewal.
The majority of the tenancies are short term and most have security of tenure under the 1954 Landlord & Tenant Act.
Some tenants are currently 'holding over' and are yet to formally confirm their intention to remain.
All units are currently let and income producing. There are 9 separate tenants and the current annual rental income is £64,562 per annum exclusive.
The investment provides future potential for rental growth with a current estimated rental value of £75,000 per annum and leases that require renewal.
The majority of the tenancies are short term and most have security of tenure under the 1954 Landlord & Tenant Act.
Some tenants are currently 'holding over' and are yet to formally confirm their intention to remain.
More information
Listed by
Kirkby Diamond
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