Retail property (high street)
Features and description
- Virtual freehold city centre retail investment
- Pedestrianised retail pitch close to multiples
- Comprises a recently refurbished retail unit
- Producing £15,000 per annum (with RPI linked rent reviews)
- Online Auction on Wednesday, 26 May 2021
A recently refurbished ground floor retail unit within a terraced building of traditional construction. The unit totals approximately 72.07 sq m (775 sq ft) and benefits from a new shop front, kitchen, toilet facilities and an air conditioning system. The upper floors comprise refurbished residential accommodation over first and second floors, which are not included in the sale.
Location:
Hereford is a cathedral city lying approximately 24 miles south west of Worcester and 28 miles north west of Gloucester. It is situated at the junction of the A49, A465 and A438 with the latter providing access to the M50 motorway at junction 2. Hereford railway station lies less than half a mile to the north east of the property providing regional rail links as well as regular direct services to London Paddington and Birmingham New Street.
Commercial Street is one of the principal shopping thoroughfares in the city centre running north east from the junction of High Town and St Peter's Street. The property commands a prominent position on the south side of the street near its junction with Blue School Street/Bath Street (A438). Nearby occupiers include British Heart Foundation, Waterstones, McDonalds, Halifax and Greggs.
Online Auction on Wednesday, 26 May 2021. For further information, such as legal documents and property information, please visit bidx1.com.
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