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Commercial Property for sale

West Street, Leominster, HR6


Property Description

Key features

  • Prominent Corner Position
  • Rural Market Town
  • Shop Premises
  • Two 1-Bedroomed Flats
  • Let On Assured Shorthold Tenancies
  • Excellent Investment Opportunity

Full description

Situated in a prominent corner position in the rural market town of Leominster, a Shop premises with two 1-Bedroomed Flats over, available Freehold.

Full Particulars - Leominster is a busy rural market town with a good range of shopping, recreational and educational facilities and serving a wide catchment area, having a resident population of approximately 11,000 and a catchment population of approximately 40,000.

This prominently situated Shop is sold Freehold together with two
1-Bedroomed Flats over/adjacent and gives the potential for an excellent investment/rental income.

The whole is more particularly described as follows:-

Standing on a prominent corner site at the juncture of West Street and Rainbow Street with display window to both elevations and a central glazed entrance doorway into the

Main Shop Area - 25' x 12'8 (7.62m x 3.86m) - Has a wide open arch with steps up to a

Secondary Shop Area - 25' x 12'3 (7.62m x 3.73m) - With a high ceiling and good fluorescent lighting and power points as appropriate. The shop currently trading in the sale of wholefoods could be used for a number of purposes, subject to any necessary permissions. It has a

Rear Store Room Area - 11'6 x 6'8 (3.51m x 2.03m) - And a Cloakroom Area with WC and wash basin.

Two 1-Bedroomed Flats above are included in the Freehold sale.

Flat 1 - Fully refurbished, in excellent decorative order with a newly fitted kitchenette and bathroom including power shower, modern electric heating and domestic hot water system.

Flat 2 -

Schedule Of Rentals - The Shop is currently Let at a rental of £5,000 per annum on a Lease until August 2015. The current Tenant is prepared to vacate if necessary.
Flat No. 1 produces a rental in the order of £400 per calendar month.
Flat No. 2 produces a rental in the order of £365 per calendar month.

Agents Note - The building overall has recently been renovated and decorated and is in good order with fully insulated loft.
There is a fully integrated smoke alarm system for the whole building.

Services - Mains Electricity, Water & Drainage connected.

Outgoings - SHOP - Rateable Value: £4,200
Payable 2014/2015 £1,978.20
FLAT 1 - Band A
Payable 2014/2015 £1,054.20
FLAT 2 - Band A
Payable 2014/2015 £1,054.20

Local Authority - The Herefordshire Council - 01432 260000

Viewing - Strictly by prior appointment through the Agents, Jackson International. Tel: 01568 610600

02 April 2014

Jackson International - 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. An 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 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

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