Following the pre-let of phase one to B&Q, phase two of the development at Interchange Park saw M&S Simply Food take a 15-year lease of a 16,000 sq ft building with associated car parking.
The remainder of the park was pre-let to multi-brand car dealership Motorvogue who entered into a 20-year lease on a new showroom of 11,000 sq ft and an external display area for 120 cars. To the rear of the Motorvogue showroom is a vehicle preparation and servicing centre of 6,000 sq ft. Costa Coffee completed the line up by agreeing to a 15-year lease for a drive-thru unit of 1,851 sq ft GIA plus an external seating area and car parking.
This is the second drive-thru unit in Bedford constructed by Howard Group, coming approximately 12 months after the successful delivery of a drive-thru unit on St John's Retail Park which was also constructed by RG Carter.
Ampthill Road, Bedford
Phase 1 Construction
Phase two of the development
Phase 2 Value
Subject to planning, the final phase of the £18.5m development will involve the construction of a new Renault showroom for Motorvogue as well as an extension to their existing premises.
Interchange Park is situated in the Kempston area of Bedford, approximately three miles south of the town centre. It lies just to the north of the A421 Bedford southern bypass and to the west of the A6.
The property is adjacent to Bedford’s principal out of town retailing location, the Interchange Retail Park.