£700,000

Retail premises for sale

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Just added
Auction
Freehold

Guide price

£700,000

Retail premises for sale

7-11 Midland Road, Bedford, Bedfordshire MK40

Local area information

Property location

Nearby amenities

  • Priory Primary School 0.2 miles
  • Bedford Free School 0.3 miles
  • Bedford 0.4 miles
  • Bedford St Johns 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bedford to find out more about the local area.

Features and description

  • Freehold
Guide Price = £700,000+

**For Sale By Public Auction 10th September 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Mid Terrace Building Measuring 17,225 sq ft and Arranged to Provide a Lower Ground and Ground Floor Commercial Unit with First and Second Floor Ancillary Space Fully Let to Iceland Food Ltd Producing £175,000 Per Annum (Not Currently in Occuption). Plans have been Drawn up for the First and Second Floors to be Converted into Seventeen Flats. (25% Yield on the Guide Price).

Let to Iceland Foods Ltd Until December 2026

Tenure
Freehold

Location
The property is situated within Bedford City Centre close to local shops and amenities. Nearby multiples include jd Sports, Boots and Halifax. The open spaces of Russell Park are within easy reach. Transport links are provided by Bedford rail station.

Description
The property comprises a mid terrace commercial building arranged over four floors. Plans have been drawn up to convert the upper parts into 17 flats. No planning application has been submitted for this scheme. Drawings of the proposed plans are available in the legal pack. We make no representations or warranties with regard to this scheme and/or the validity of the aforementioned plans. Buyers must rely on their own enquiries with regard to any development potential, permissions required and any previous planning history.

Accommodation
Lower Ground and Ground Floors
Commercial Unit

First and Second Floors
Ancillary Space

Total G.I.A Measuring Approximately 17,225 sq ft

Tenancy
The property is let to Iceland Foods Ltd until 19th December 2026 at a rent of £175,000 per annum (not currently in occupation).

EPC Rating
C


Viewing Appointments to be Confirmed

Floor plans and tours

Floor plans (1)

Floor plan 1

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  1. Zoopla
  2. Commercial for sale
  3. Bedfordshire
  4. Bedford
  5. Midland Road