Bedford .

Riverside North, MK40 1AS

Map View




£17,350,000 (Subject to Contract and Exclusive VAT)


Bedford is the major commercial centre in Bedfordshire and the south-east of England. The town is located approximately 51 miles (82km) north of Central London, 30 miles (48km)west of Cambridge and 21 miles (34km) south-east of Birmingham.

Bedford Riverside is situated on the north bank of the River Great Ouse, to the south of The Harpur Shopping Centre. The property sits within close proximity to the Corn Exchange Theatre, St Paul’s Church and Bedford Town Hall. Bedford College and Bedford Borough Council building are located directly opposite the holding and accessed via a footbridge over the River. Parking is easily found opposite, within the 465 space, multi story River Street Car Park, above the Harpur Centre. Premier Inn’s are entitled to use up to 100 car parking spaces within this council owned facility under the terms of their lease.


The 3 acre site was developed in 2017 by Bouygues (now Link City), with the exception of the Cowper Building (Loungers, Alberto Lounge) which is a period property to the east of the site.

BLOCK 1The whole of Block 1 is leased to Bedford Council until 2265,who in turn underlet the unit to Bridges Espresso Bar.

BLOCK 2 The ground floor of Block 2 is leased to Bedford Borough Council until 2265 at a peppercorn, who in turn underlet the units to Naughty Pizza and Anytime Fitness. The upper floors are leased to Guinness Partnership Ltd on LLH expiring 2265 at a peppercorn.

BLOCK 3 Comprises three ground floor restaurant units 3a, 3b, 3c (Wagamama, Foxy Wings and Zizzi), with outside seating. Floors1 to 5 are residential dwellings and let on a long lease to Premier Ground Rents No.5 Limited.

BLOCK 4 Comprises a 7 Screen Cinema let to Vue Entertainment Ltd and five restaurant units (Olive Tree, Pistachio, Miller& Carter). 4c, 4d,4b (i & ii) &4a (Hareem MK (Olive Tree), Sinfully Sweet (Pistachio), (Mitchells & Butlers).

BLOCK 5 Comprises a 100 Bed Hotel, let to Premier Inn Hotel and two restaurant units, Unit 5a& 5b (Coco).

COWPER BUILDING Let to Loungers Ltd (Alberto Lounge).


£1,504,777.00 per annum exclusive


Premier Inn, Vue Cinema, Mitchells & Butler, Zizzi, Wagamama, Loungers




8% Net Initial Yield


All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

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