This property is no longer on the market
4 bedroom terraced house
Key information
Property description & features
- Tenure: Leasehold
- Grade II Listed Investment Property
- Four x1 Bedroom Apartments
- Prominent and Spacious Shop
- Lounge/Kitchen Area
- Separate Bedrooms & Bathrooms
- Popular Town Centre Location
- All Currently Let (AST)
- Good Annual Yield
- Rear Yard/Garden Space for Shop
- Good Mixed Use Investment
10-12 Broad Street is a handsome Grade II Listed town property which is being offered for sale as a whole and would make an ideal investment. The property is located in the very popular Broad Street area of Leominster, and is set over 3 floors and offers character and space in abundance. It enjoys a prominent trading position within the popular market town of Leominster, which offers a wide range of facilities to includes, individual shops, cafes, pubs a weekly market in the town square, swimming pool, leisure centre, schools and good road and rail links to Hereford and Worcester and Shrewsbury.
The property itself is approached via two doors to the front elevation, one leading into the shop premises and one giving access into a central staircase, which in turn provides access to the 4 Apartments. The shop is prominent and well presented and is double fronted with central doorway leading into the main retail area with two rooms located to the rear along with WC and access to a rear garden area, with a wrought iron fire escape staircase for the flats.. It is currently let on a commercial Lease, details of which can be made available along with rental returns.
The remainder of the building is accessed via an additional door giving separate access to 4 apartments. All apartments are let on AST (Assured Shorthold Tenancies) agreements and are laid out with accommodation of Lounge/Kitchen, separate bedrooms and separate bathrooms. All are in fair/good order throughout and have been continually occupied. Full details of the building along with lease information and annual rental yields are available to serious buyers upon request to the agents.
In summary a fantastic opportunity to acquire a building of character in a desirable area of Leominster, set on Broad Street which is famed as an antique centre, with numerous antique centres and curiosity shops, which ensures good all round occupancy for both the commercial and the residential units. This offers the buyers or potential property investors the ability to achieve a good annual yield, having 5 units contained within one well cared for property. the agents therefore recommend early inspection to appreciate the opportunity on offer.
Directions - The property is located on Broad Street, Leominster.
Services - We understand that all mains services are connected.
Local Authority - Herefordshire Council. Flats individually banded as band A and the shops rateable value is £6600 as of 2017.
Tenure - The property is being sold as freehold.
EPC - The flats are all rated as Band E (Valid EPC until 2026)
Material Information
Council Tax Band :E
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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