Retail Investment For Sale , 15 Market Square, Biggleswade, SG18 8AS

The property is located in the prime retail area of Market Place. The unit is situated on a large plot and joins Bonds Lane at the rear where parking for the property is located in the service yard. The building is layed out as a cafe bar with ancillary space at the rear on the ground floor. There is further ancillary space with seperate access at first floor level.
( Agency Pilot Software ref: 11952 )

Location

Biggleswade is an expanding market town with a population as at the 2011 Census of 16,556, but has increased considerably since then. It is adjacent to the A1(M), approximately 45 miles north of London. There are excellent motorway connections via the A1(M) to the M25, approximately 25 minutes’ drive. The A14 at Huntingdon to the north also provides easy access to boththeM1andM6tothenorthwestareto the East Coast ports. The property is located in the town centre, overlooking Market Square, close to its junction with St Andrews Street. There is a public car park and bus stops opposite the property. Nearby occupiers include Coral, Boots, Lloyds Bank, Greggs and Subway.

Accommodation

Ground floor retail 3,196 sq ft

First floor ancillary 473 sq ft

Specification

• Located in popular market town
• Prime Market Square position
• 15 Year lease without break
• Let to Loungers Ltd (t/a Rosso Lounge)
• Rent £62,500 per annum
• 6.28% Gross Yield