Unique freehold investment opportunity set in the heart of the market town of Leominster | Ground Floor Shop Premises | Separate self contained 1 Bed Flat To Rear | Both Shop & Flat Is Currently Let Providing A Good Annual Income.

A unique investment opportunity to purchase a freehold commercial and residential property set in the heart of the historic market town of Leominster. With a population of approximately 11,000 the town offers an excellent variety of shops together with good recreational and educational facilities.

The property itself includes a ground floor shop premises fronting onto one of the main central retail streets as well as further office space, kitchen and cloakroom to the rear. The property also benefits from one self contained 1 bedroomed flat which is separately accessed from the rear and is currently let providing a good annual income*. There is also allocated parking to the rear of the property. Both the shop and flat are currently let and will be sold with tenants in place - Please contact the selling agent for further information.

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AGENTS NOTES
1. The shop is currently let - Please speak to the Agent regarding current lease information. 2. The self contained one bedroomed flat is currently let out on an Assured Shorthold Tenancy (AST) with an annual income of £5,160 3. Planning has been submitted for a 1 bedroom studio at the rear of the premises, Please contact the Agent for further details. Application Number P231097/F 4. The property being sold includes the ground floor shop and Flat B to the rear of the property along with the ground floor freehold. Above the front of the shop premises is a separate flat (Flat A) which is owned separately under a 125 year lease. The freeholder would be responsible for the general maintenance of the building and insurance and the current owners are proposing to set up a management company for the freehold when the sale is agreed. The owners would consider selling the flat and shop separately.

Services & Expenditure Information
Tenure: Freehold/Leasehold Services Connected: Mains Electricity, Water & Drainage Council Tax Band: Flat: A EPC For Flat: D Business Rates: Rateable Value £9,700 Rates Payable £4,840.30 (100% rate relief is available to eligible businesses) Broadband Availability: Ultrafast 1000Mbps Phone Coverage: 4G Available

Jackson Property Compliance
Consumer protection from unfair trading regulations 2008 (CPR) We endeavour to ensure that the details contained in our marketing are correct through making detailed enquiries of the owner(s), however they are not guaranteed. Jackson Property Group have not tested any appliance, equipment, fixture, fitting or service. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each statement contained within these particulars. Any research and literature advertised under the material information act will have been done at the time of initial marketing by Jackson Property Services & Expenditures advertised have been taken from and Jackson Property may be entitled to commission from other services offered to the client or a buyer including but not limited to: Conveyancing, Mortgage, Financial advice and surveys.

With expert local and regional knowledge, we have the ability to provide professional expertise not only in residential sales and lettings, but also in commercial, auctions and specialist Rural and Equestrian property. Being one of Hereford, Leominster and surrounding Herefordshire's longest established family run agencies, we are here to help you. History Bill Jackson, founder and chairman of Jackson Property, was born and bred in the county, christened in All Saints Church in Hereford. Bill grew up going to Hereford Cathedral Prep School and Lucton School and then joined Russell, Baldwin & Bright (Brightwells) in 1963 to do 3 years articles and training in auctioneering and estate agency. Bill has been in the property industry operating in Hereford, Leominster, Mid Wales, Shrewsbury and Overseas for over 50 years, most recently setting up Jackson Equestrian in Cheshire. Jackson Property has offices in Hereford, Leominster and London covering Hereford city, Leominster town and rural areas of Herefordshire, Powys & Shropshire In 2018, Nathan Jackman-Smith joined the board of Directors, moving to Managing Director in 2021. Nathan has created an excellent blend of Modern Estate Agency, with high traditional values, all encompassed by an excellent team, striving to help clients in any way that is possible. If you are looking for a new home, equestrian property, country home, bungalow, town house, commercial property, building plot, rental property or to sell your current home then please contact our Hereford, Leominster or Mayfair Office.

Mixed use for sale

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