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Albion House 16-18A Lime St 21,143 SF 100% Leased Retail Building Bedford MK40 1LD $1,582,831 CAD ($74.86 CAD/SF) 7.68% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Investment property.
  • For sale £850,000.
  • Gated access to car park.

EXECUTIVE SUMMARY

Investment portfolio consisting of four retail premises to the ground floor and ground rents from the upper floor residential apartments.
To the rear of the premises there is gated access to a car park.
Lime Street is located just off Bedford High Street with direct access to Harpur Street and Bedford's town centre.
The historic market town of Bedford with its attractive riverside frontage is centrally located to London, Oxford, Cambridge and Milton Keynes. Bedford is located approximately 50 miles north of London, 10 miles least from Junction 13 of the M1 motorway accessed via the A421, and 9 miles west of the A1 via the A428 and A603.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
21,143 SF
Building Class
B
Year Built/Renovated
1988/2016
Price
$1,582,831 CAD
Price Per SF
$74.86 CAD
Cap Rate
7.68%
NOI
$121,506 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.25
Lot Size
0.15 AC
Parking
10 Spaces (0.47 Spaces per 1,000 SF Leased)
Frontage
68’ on Lime Street

AMENITIES

  • 24 Hour Access
  • Signage

NEARBY MAJOR RETAILERS

Costa Coffee
Iceland
Whole Foods Market
Morrisons
Clydesdale Bank Plc
Santander
HSBC Bank Plc
Checkers Dessert Lounge
Lloyds Bank Plc
Slug & Lettuce Company
  • Listing ID: 35666832

  • Date on Market: 2025-04-29

  • Last Updated:

  • Address: 16-18A Lime St, Bedford MK40 1LD

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