Build-to-Rent in Kempston Hardwick available for sale
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Block of Flats for Sale near the Kempston Hardwick, Bedford

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Block of Flats for Sale Within 5 miles of the Kempston Hardwick, Bedford

More details for Riverside North, Bedford - Build-to-Rent for Sale

Riverside North

Bedford, MK40 1AS

  • Build-to-Rent for Sale
  • £12,420,000
  • 170,000 sq ft

Bedford Build-to-Rent for Sale

Located in Bedford, a growing town in South-East England with a catchment of over 300,000 people and 8.5 million annual visitors, this modern leisure, hotel, and residential scheme was constructed in 2017 on a 3-acre site with a total floor area of 170,376 sq ft. The property is anchored by leading operators including Premier Inn, Vue Cinema, Zizzi, Miller & Carter, Wagamama, and Loungers, with circa 70% of income secured to Premier Inn, Vue, and Mitchells & Butlers. The asset generates a net operating income of £1,325,372 per annum and benefits from a WAULT of 14.41 years to expiry and 10.51 years to break, with rent reviews scheduled for 2027. Held long leasehold from Bedford Borough Council (240 years unexpired) at a peppercorn rent, the property is offered via a Jersey-based SPV for a corporate deal. Bedford’s position as a leisure destination is reinforced by the recent closure of Cineworld out of town and the proposed first Universal Studios in the UK just 5km south, presenting a compelling investment opportunity.

Contact:

Green & Partners LLP

Property Subtype:

Apartment

Date on Market:

11/11/2025
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