Sunderlands
Tel: 01432 356 161
Fax: 01432 352 954
Offa House
Hereford
HR1 2PQ
West Street, Hereford
Price Guide £750,000
Retail
- Mixed use investment opportunity in close proximity to Hereford City Centre
- Prominent location
- Passing rent of £75,000 per annum. ERV £85,000 total
- Established occupiers in immediate vicinity
15a-20 West Street, Hereford HR4 0BU
Summary of features
•Mixed use investment opportunity in close proximity to Hereford City Centre.
•Prominent location.
•Passing rent of £75,000 per annum. ERV £85,000 total.
•Established occupiers in immediate vicinity.
Situation
The various properties comprising 15a-20 West Street are situated on a popular retail street located a short distance from Hereford City Centre and its associated amenities.
West Street itself is not pedestrianised so benefits from passing traffic both vehicular and on foot. Significantly there is a large public car park at the western end of the street where it meets Victoria Street (A49). This is a popular central car park used by pedestrians accessing the City Centre and High Town.
Occupiers in the local vicinity include A Rule of Tum (the Bookshop and Burger Shop), The Stables Pub and Hereford Beer House.
It is also noted that a new student accommodation block has been established in very close proximity to the parade, with an access point off West Street itself. As well as this development, there have also been recent improvement works undertaken to a number of large properties in the immediate area. We are seeing strong financial investment being made in this part of the City.
Description
The properties on West Street are traditionally constructed with load bearing walls and pitched tiled rooves.
The parade of shops are situated immediately facing West Street. The parade itself comprises 6 ground floor units let to a variety of uses from eateries to beauticians to administration. There is a further let area on the 1st floor which extends the length of the parade, currently let to a pool club who have been an established entity in Hereford for several years.
All properties have independent access points off West Street and are let on secure leases of varying terms. A summary can be found within this brochure.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com