Retail premises for sale in 10, New Street, Ledbury, Herefordshire HR8

Front Cover

Investment property for sale

EPC rating: C (69)

sales area extending to approximately 814 sq ft

rent income: £16,100 per annum

guide price: £220,000

Location

The Proprty is conveniently located within Ledbury, which is a busy and expanding country town with a growing population of approximately 10,000. The town serves a wide rural area and is a very busy tourist centre, largely owing to its local attractions such as Eastnor Castle, the Malvern Hills, the Three Counties Show and Ledbury Poetry Festival. The town centre benefits from both a large number of strong independent retailers and also national stores such as Boots & Boots Opticians, Coffee #1, and Clarks Shoes. The cities of Hereford, Gloucester and Worcester are all approximately 16 miles distant and the M50 motorway is approximately 4 miles to the south of the town. The town also benefits from a mainline railway station.

Description

The subject property is a two-storey mid-terraced building and has a ground floor lock-up shop let on a six year lease from 1st Feb 2021 at £10,000 Per Annum. A separate entrance to the left-hand side of the property provides access to the upper floor barbers' premises which are subject to a lease agreement and produce £6,100 per annum in respect of the rent.

Services

We have been advised that mains electricity, water and drainage are connected to the property. This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.

Directions

The Premises are situated directly opposite our offices in New Street, Ledbury.

Council Tax

Not Applicable.

Energy Perfomance Certificate

The EPC rating for this property is C (69).

Viewing

By appointment to be made through the Commercial Department at the Agent's Ledbury Office, Tel Option 3.

Or, Tim Reed at Sunderlands Tel: Email:

General

Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request.

John Goodwin frics has made every effort to ensure that measurements and particulars are accurate however prospective purchases/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.

Agents Notes

planning No enquiries have been made of the Local Planning Authority in order to verify the present use classification of the property described in these particulars. All interested parties are therefore advised to make enquiries of the Local Authority in order to establish that their required use of the premises will be permitted.

Tenure

tenure- The Property is available for sale, subject to legal verification, on a freehold basis, subject to the ongoing leases, with a guide price of £220,000.