Eign Gate & 4-6 Bewell Street, Hereford

£240,000
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Property Features

  • Freehold Investment
  • 2 Ground Floor Shops/Educational Units
  • Grade II Listed
  • Educational Unit Let at Initial Rent of £6,950 per annum for 10 Years From 11th October 2017
  • Shop Available at £11,500
  • Ground Rents from 2 Upper Floor Flats

Property Summary

The rear unit in Bewell Street has been let to Kumon on a new 10 year lease at £6,950 per annum.

The front unit in Eign Gate is currently vacant at an asking rent of £11,500 per annum.

In addition, the purchaser will acquire the freehold of the whole building, receiving ground rents from the 2 upper floor flats and a service charge contribution towards insurance, maintenance, fire alarm etc.