Summary - 49, BROMHAM ROAD MK40 2AA
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prominent location on busy Bromham Road, Bedford
- Ground floor restaurant space with capacity for 100 covers
- First-floor ancillary space, totaling 2,660 sq ft
- Currently let for £15,000 per annum until November 2027
- Freehold tenure
- Strong rental potential in a vibrant cosmopolitan area
**Concerns:**
- Lease term of 4 years left may deter some mortgage lenders
- High crime rate in the region
**Property Summary:**
This spacious freehold property located at 49 Bromham Road in Bedford offers a unique investment opportunity with its current operation as a restaurant and lounge. With an impressive total of 2,660 square feet, the ground floor features dining space for approximately 100 guests, complete with a dance floor and a fitted kitchen, making it an ideal venue for entertaining diners. The first floor provides ancillary space which can be further developed or utilized for additional business operations.
Positioned in a vibrant yet challenging neighborhood known for its student population, this commercial property benefits from excellent transport links and local amenities, attracting consistent foot traffic. However, buyers should consider the potential difficulty in securing mortgages due to its remaining lease duration. The existing setup presents a lucrative option for investors or entrepreneurs aiming to capitalize on a busy central location, but the property also offers future flexibility for renovation or conversion into residential space if desired. Given its unique features and favorable price point, acting quickly on this opportunity is advisable.
Commercial property for sale in 15 17 & 19 Mill Street, Bedford, MK40 — £550,000 • 1 bed • 1 bath • 4198 ft²
High street retail property for sale in 76 High Street, Bedford, MK40 — £225,000 • 1 bed • 1 bath • 2187 ft²
High street retail property for sale in Tavistock Street, Bedford, MK40 — £410,000 • 1 bed • 1 bath • 1745 ft²
High street retail property for sale in 52 St. Loyes Street, Bedford, MK40 — £165,000 • 1 bed • 1 bath • 436 ft²
3 bedroom detached house for sale in York Street, Bedford, MK40 — £275,000 • 3 bed • 1 bath • 701 ft²
Commercial property for sale in 38 Newnham Street, Bedford, MK40 — £500,000 • 1 bed • 1 bath • 1566 ft²
