Commercial Property for sale

Bridge Street, Hereford

£235,000

Property Description

Key features

  • Investment Property
  • Exclusive Opportunity
  • Prominent City Position
  • Currently Used as a Restaurant
  • Traditional Shop Frontage
  • Available With Tenants in Situ
  • Total - 1,612 sq.ft

Full description

Located in a prominent city position in Bridge Street, the property sits within the central business area of Hereford, a short distance from the Cathedral and close to the Left Bank Village complex, and benefits from rear access via Gwynne Street.

The property forms part of the Left Bank Village Complex with and attractive traditional shop frontage. Number 16/17 is currently used as a Restaurant by Sweet Chilli, which is available for sale with the tenants in situ.

Accomodation - Accommodation
Ground Floor Sq. Ft
Retail Area 1,612
Total: 1,612

Tenants - Tenanted to Sweet Chilli at £20,000 per annum (excluding all outgoings)

Leasehold - 20 Years. Commenced in October 2014 with a 5 year break clause

Service Charge - £500.00 per quarter. And an annual premium of £440.00 for the insurance.

Agents Note - There is also the option of 4 extra car parking spaces to the rear on offer which yield and approximate rental figure of £750.00 per annum.

Business Rates - the rateable value is £15500 with a rates charge of £7502.00. There is no rate relief available as the rateable value is too high to qualify.

Viewings - Strictly by appointment. Please contact the agents on 01432 344779 before travelling to check viewing arrangements and availability.

Jackson Property - for themselves and the vendors of the property, whose agents they are, give notice
that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor.


More information from this agent

Nearest station

  • Hereford (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Jackson Property, Hereford

45 Bridge Street, Hereford, HR4 9DG

01432 486018 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Hereford (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Jackson Property, Hereford

45 Bridge Street, Hereford, HR4 9DG

01432 486018 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26494834. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson Property, Hereford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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