St. Cuthberts Arcade 26 St. Cuthberts Street Bedford MK40 3JG

St. Cuthberts Arcade
26 St. Cuthberts Street
Bedford
MK40 3JG

Freehold Retail Arcade Investment

  • Town centre location
  • Prime position on the attractive and popular St Cuthbert's Street
  • Neighbouring occupiers Include KSK Accountants, Woodfines Solicitors and Premier Solicitors
  • Lot
    31
  • Auction
    12th February 2020
  • Rent
    £82,800 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Arcade Investment

  • Town centre location
  • Prime position on the attractive and popular St Cuthbert's Street
  • Neighbouring occupiers Include KSK Accountants, Woodfines Solicitors and Premier Solicitors
  • Lot 31
  • Auction 12th February 2020
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN

Property Information

Location
Miles
17 miles north-east of Milton Keynes
28 miles south-west of Cambridge
Roads
A6, A421, A428, M1
Rail
Bedford Railway Station
Bedford St Johns Railway Station
Air
London Luton Airport
Situation

Bedford is an attractive and popular commuter town. The property is situated on the west side of the busy St Cuthbert's Street, 500 metres east of the centre of Bedford. Neighbouring occupiers include KSK Accountants, Woodfines Solicitors and Premier Solicitors.

Tenure

Freehold.

Location
Miles
17 miles north-east of Milton Keynes
28 miles south-west of Cambridge
Roads
A6, A421, A428, M1
Rail
Bedford Railway Station
Bedford St Johns Railway Station
Air
London Luton Airport
Situation

Bedford is an attractive and popular commuter town. The property is situated on the west side of the busy St Cuthbert's Street, 500 metres east of the centre of Bedford. Neighbouring occupiers include KSK Accountants, Woodfines Solicitors and Premier Solicitors.

Tenure

Freehold.

Description

The property comprises a single storey building that has been converted to an indoor arcade/market with some 17 units.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk.

Description

The property comprises a single storey building that has been converted to an indoor arcade/market with some 17 units.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk.

Tenancy & Accommodation

Unit Tenant Term Rent p.a.x
1 & 2 INDIVIDUALS t/a Happyfones Ltd Tenancy at will £10,800
3 INDIVIDUAL t/a Alexander Barbers Tenancy at will £6,000
4 INDIVIDUAL t/a En Point Clothing Tenancy at will £4,800
5 & 6 VACANT    
7 INDIVIDUAL t/a DNA Sports Therapy Tenancy at will £6,000
8 INDIVIDUAL t/a Lola’s Home Tenancy at will £4,800
9 Ladies Hair Salon 3 years from 01/02/2020 (2) £6,000
10, 11 & 12 INDIVIDUAL t/a Rosanna 3 years from 31/08/2019 (3) £18,000
A INDIVIDUAL t/a Coffee Shop Tenancy at will £12,000
B VACANT    
C INDIVIDUAL Tenancy at will £4,800
D INDIVIDUAL t/a Pink Rose Trading Tenancy at will £4,800
E INDIVIDUAL t/a K J Photography Tenancy at will £4,800
Totals
    £82,800 (1)

(1) The rents stated above have been annualised.
(2) As to unit 9, the lease provides for an option to determine in year 2.
(3) As to units 10, 11 and 12, the lease provides for an option to determine in year 2.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Catalogue Page
    Updated Date
    22.01.20
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    22.01.20
    File Size
    976 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Associate Auctioneers
Compass Land & Property
David Donnelly 01234 351 577dpd@compasspropertygroup.co.uk
Seller's Solicitors
Cowley DiGiorgio Solicitors 63 Harpur Street
Bedford
MK40 2SR
Pina Sacco 01234 218 171sacco@cowleydigiorgio.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now