Guide Price £750,000

Commercial property for sale in Broad Street, Herefordshire, HR6 (ref: 558787)

Shortlist

Key Features

  • A Unique Grade II Listed, Commercial & Residential Investment Property Set In The Heart Of The Historic Market Town Of Leominster
  • Including Two Large Retail/Shop Premises
  • Three Large Residential Flats
  • Former Ballroom/Three Storey Building With Residential Development Potential
  • Garage/Outbuildings & Mews/Courtyard Parking To Rear
A unique opportunity to purchase substantial commercial and residential investment property within the heart of the market town of Leominster. The property includes two separate large commercial/retail shop premises on the ground and basement floors fronting onto Broad Street and currently rented out and providing a good annual income. In addition to this are two large, 3 bed residential flats on the first and second floors with one currently occupied and the second currently vacant. To the rear of the property and accessed from Church Street is a courtyard mews with parking and garaging with a further residential flat with garden area and is also currently rented out. Attached to the rear of the main property is a three store building/former ballroom which offers further residential development potential subject to planning approval.

For further details of the current rental income, please contact the agent.

LOCATIONThis historic building is located in a prominent position in the heart of the market town of Leominster which has a resident population of approximately 11,000 and a wider catchment area of approximately 40,000. The town is strategically located at the intersection of the A49 South Wales to Manchester and the A44 Worcester to mid Wales route. The town is also on the Manchester-Cardiff railway.~ Hereford 13 MILES ~ Ludlow 12 MILES ~ Worcester 26 MILES ~ Shrewsbury 36 MILES

SERVICES & EXPENDITUREMains Electricity, Water & Drainage Tenure: FREEHOLD Council Tax: Flat A, 14 Broad Street - B Flat B, 14 Broad Street - B Flat C, The Mews, 7 Church Street - B Business Rates: 14 Broad Street - to be confirmed 14a Broad Street - to be confirmedBroadband Availability: Ultrafast - download speed 1000mbps upload speed 1000mbps

ENERGY PERFORMANCE CERTIFICATE (EPC)Commercial 14 Broad Street - C (53) 14A Broad Street - D (81) Residential Flat A, 14 Broad Street - D (59) Flat B, 14 Broad Street - F (22) Flat C, The Mews, 7 Church Street - E (50)For the full EPC details contact the selling agent.

LOCAL AUTHORITYHerefordshire Council. Telephone 01432 260000

VIEWINGSStrictly by appointment. Please contact the agents on 01568 610600

Jackson Property (Leominster)Jackson Property for themselves and the vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Services & Expenditure notes have been taken from https://checker.ofcom.org.uk/ and https://www.gov.uk/council-tax-bands The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status along with any tenancies that may be in place. The buyer is advised to obtain verification from their solicitor or surveyor.

Stamp duty due

Based on a sale price of £750,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

Commercial property for sale in Broad Street, Herefordshire 0

FRONT MAIN

Commercial property for sale in Broad Street, Herefordshire 1

GROUND FLOOR AND BASEMENT PLAN - 14 BROAD STREET

Commercial property for sale in Broad Street, Herefordshire 2

THE MEWS - BALLROOM GARAGE & FLAT C BRIDGE STREET

Commercial property for sale in Broad Street, Herefordshire 3

UPPER FLOOR PLAN - FLATS 14 BROAD STREET

Further Details

  • Status: Available
  • Tenure: Freehold
  • Reference: 558787

Location

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