Eign Gate & 4-6 Bewell Street, Hereford
£240,000
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 receiving a rent of £11,000 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.