• Bedford is a strategically located town 11 miles east of Milton Keynes, 25 miles west of Cambridge and 39 miles north of London
• Strong road links via the M1 Motorway and rail links to London St. Pancras
• Prominent modern car showroom constructed in 2000 and extended in 2016
• Substantial property totalling 26,209 sq ft
• Let to Vindis Group Limited until 28 June 2042 with no breaks
• Vindis Group Limited: turnover of £378m and gross profit of £46m (2022)
• Total current income: £280,000 per annum (£10.68 per sq ft)
• Rent reviewed five yearly to CPIH (collar 1% per annum/cap 3% per annum)
• Price: £4,400,000, subject to contract and exclusive of VAT
• Net Initial Yield: 6% rising to an estimated 6.9% in 2027
Contact Giles Cooper.
