Fear of What's Under the Bed (Sublectumphobia)

It's Figaro's bedtime, but he's not relaxed. Not only is he petrified of what's under his bed, he's also in dire need of a new one!
After another sleepless night Figaro decides it's time to take action. Figaro orders a new Edwardian 4 post bed. Lovely!
That night Figaro is ready for a good sleep.
The bed looks stunning, and this gives Figaro so much confidence he decides his ritual of checking under it is silly. He simply crawls into bed with milk and cookies. But, something isn't right.
Was it the old bed that was responsible for Figaro's sleeping problems, or is there actually something truly sinister and disgusting under the bed?