Broad Street, Hay-on-Wye, Hay-on-Wye, Herefordshire

Character Property
Ref: 
5374

£85,000Guide price

Contact

HarryAldrich-Blake

01497 822522
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Opportunity to acquire the freehold of number 15 Broad Street which comprises a ground floor lockup shop unit .found in the heart of Hay-on-Wye.

Description

Comprising of a ground-floor shop and the freehold of the entire building known as number 15 Broad Street. Currently operating as a bookshop. It is noted that the freehold of the entire building is offered for sale although the flat above number 15 is not included in this sale and is held under a separate title under different leasehold ownership.


Number 15 offers approximately 30sqm of retail area with separate wash facilities and has its own access from Broad Street. It is noted that currently the shop is linked to number 14 Broad Street for which the vendor will be responsible for blocking this access to make it one self-contained unit.

It is also noted that the retail area is furnished for the retail of books although it does have the potential for a variety of uses subject to the necessary planning consents being granted. The owner has indicated that they would be prepared to include the shop fixtures and bookcases within the sale.

Location

Hay-on-Wye is a popular and busy market town with an excellent retail sector serving both local and the tourism market.

Hay-on-Wye is known as The Town of Books for its wide range of second hand bookshops and for the Hay Literary Festival held at the end of May each year. The town is widely known for its busy tourism market which the independent businesses appear to thrive on with the town offering a wide range of facilities including antique shops, boutiques, independent restaurants, cafes, public houses, as well as a library, medical centre, dentists, cinema, churches and a primary school.

Locally the town is known for its walking and recreation on the River Wye with Hay-on-Wye being found within the Brecon Beacons National Park.

Services

Currently the services are supplied through number 14 which would become disconnected and purchasers must make their own arrangements for the supply of water, electricity and gas.

Rateable Value

The rateable value for both number 14 and 15 is £13,500, it is expected that Number 15 would become separately rated although this is yet to be arranged. Indication from the Valuation Office Agency apportions the RV for No15 to be £6,930 although this could be subject to a further assessment.

Agents Note

An EPC has been provided for the property. This has been carried out on the basis of what is serving the property at the time of inspection. The gas heating system provided from next door will cease from completion and is likely to effect the EPC rating.

Directions

From the Hay-on-Wye Office on the The Pavement turn right out of the office and continue down the hill past the clock tower and the property will be found immediately across the road.

None of these statements contained in these particulars are to be relied upon as statements or representations of fact. These particulars are not an offer or contract or part of one. Floor plans are provided for guidance as to the layout of the property only. Room sizes and measurements are approximate only. Please note we have not tested the equipment, appliances and services in the property and interested parties are advised to commission appropriate investigation before formulating their offer.

Sunderlands are a member of the ‘Ombudsman for Estate Agents Scheme’ and therefore adhere to their Code of Practise. A copy of the Code of Practise is available on request.

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