2 bedroom commercial property for saleThe Homend, Ledbury
Guide Price £250,000
- 2 bedrooms
- Commercial Property house
VALUABLE INVESTMENT PROPERTY FOR SALE
GROUND FLOOR RETAIL - Business Unaffected
SELF-CONTAINED MAISONETTE TO FIRST AND SECOND FLOORS
GUIDE PRICE - 250,000
Location & Description:
A prominently situated town centre commercial/residential property offering a valuable investment opportunity.
The ground floor comprises a good-sized retail property with extensive glazed double frontage extending in all to approximately 575 sq ft.
The first and second floors comprise a self contained two bedroomed flat of spacious proportions.
The property is situated close to the centre of the town with its wide range of local facilities. Ledbury is a thriving and expanding town situated close to the borders of Worcestershire, Herefordshire, and Gloucestershire, covering a wide rural catchment area and a busy tourist trade. Road and rail links provide good access to the cities of Hereford, Worcester and Gloucester as well as The Midlands and South West with the M50 motorway network available 4 miles to the south of the town.
The premises comprise:
5.64m (18ft 6in) x 4.6m (15ft 1in)
Dual glazed frontage with central entrance together with window display shelves. Recessed ceiling lights and painted timber floor.
Rear Retail Unit:
5.54m (18ft 2in) x 3.3m (10ft 10in)
With recessed ceiling lights and painted timber floor. Leading to:
Rear Retail WC and Store:
2.59m (8ft 6in) x 2.18m (7ft 2in)
5.41m (17ft 9in) x 4.7m (15ft 5in)
The cellar is accessed by a separate door located in the adjacent alleyway.
With separate access and comprises
With exterior door. Storage cupboard. Stairs to first floor.
With stairs to second floor.
6.17m (20ft 3in) x 5.61m (18ft 5in)
Vaulted ceiling with exposed wooden floor. Ornate fire surround. Radiator. Two sash windows to the front of the property. Within the kitchen area are a range of fitted wall and base units. Gas hob with extractor hood over. Electric oven. Sink unit and tiled splashbacks. Plumbing for washing machine.
2.9m (9ft 6in) x 2.67m (8ft 9in)
Radiator. Sash window. Cupboard housing Worcester gas fired central heating boiler.
With shower cubicle housing Mira shower. Wash hand basin. WC. Shaver point and radiator.
In two sections 5.16m (16'11) x 2.31m (7'7) plus 5.16m (16'11) x 2.29m (7'6). Velux window. Two radiators. Ceiling beams.
Panelled bath. Wash hand basin. Shower cubicle housing electric shower. Radiator. WC. Shaver point.
We have been advised that mains electricity, water, gas and drainage are connected to the property. This information has not been checked with the respective service providers and all interested parties may wish to make their own enquiries with the relevant authorities. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending purchasers are advised to satisfy themselves where necessary.
The property is freehold and offered for sale subject to the ongoing lease in respect of the sale shop premises and assured short hold tenancy in respect of the residential accommodation.
The sale shop is let to Mrs J Monkley trading as Monkleys Furniture for a term of five years terminating in July 2021 at a current rent of 8,500 per annum exclusive.
The residential accommodation is let under the terms of an assured short hold tenancy for a term of 6 months commencing 7 May 2016 at a rent of 600 per calendar month.
Total income - 15,700 per annum exclusive
COUNCIL TAX BAND - A (residential tenant responsible for payment of council tax)
(This information may have been obtained by telephone call only and applicants are advised to consider obtaining written confirmation).
Rateable Value - 4,650 (1st April 2010)
Rates payable - 2,232 (2015/2016) (commercial tenant responsible for payment of rates)
This information has been obtained from the Valuation Office Agency Website and applicants are advised to check these figures with the relevant local authority.
Strictly by appointment to be made through the Commercial Department at the Agent's Ledbury Office, at a time convenient to the tenants in occupation.
Tel: 01531 634648 Option 3
From the agent's Ledbury office turn left and left again at the traffic lights onto the High Street, heading north. Continue straight on and onto The Homend, past The Olive Tree restaurant and 76 The Homend can be found after a short distance on the left hand side.
John Goodwin FRICS has made every effort to ensure that measurements, details and particulars are accurate, however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided.
No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or entering into any contract.
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