South Street, Leominster

House - mid terrace
Ref: 
5375

£250,000Informal tender

Contact

NigelHighfield

01432 356161
Facebook Twitter Pinterest Share
Request a viewing

For Sale by Informal Tender on Wednesday 10th October 2018 at 12 noon

Tender Guide - £250,000

16 South Street is a large terraced period building offering a ground floor commercial space with A3 Consent (restaurant and café), a five bedroom flat above over floors 1 & 2 and an attached building to the rear offering an opportunity for conversion to additional residential space. There is also parking to the rear and a garden area with the parking easily able to accommodate three vehicles.

The property would provide an opportunity for individuals seeking not only a large living space suitable for a family, but also to generate additional rental income, which could come from the ground floor commercial space and through the development opportunity to the rear.

Internally the ground floor commercial space has a large shopfront directly onto South Street and contains a number of period features, most notably timber floors and exposed beams. This continues into the rear space associated with the commercial aspect and also continues up the small staircase which contains a WC and a potential kitchen associated with the commercial space.

From this first floor commercial space there is a separate doorway to access the flat. It is noted that the flat also has a separate access point from an alleyway directly off South Street, offering privacy and means there is no interference with the commercial aspect. The flat is maintained in very good condition again with a number of period features throughout namely the floorboards and exposed timber beams. On the first floor can be found a shower room, living room, kitchen and dining room all of which are a good size. Centrally there is a staircase which leads to the second floor where can be found five bedrooms and a further bathroom.

The development opportunity to the rear has a number of access points. First of all is directly through the commercial space, the second access point is off the alleyway which accesses the flat, and a third access point is directly from the garden area. This building contains three downstairs rooms with a central staircase leading up to a large first floor space with a separate kitchenette and WC. The building itself is currently only used as storage and as such contains no fixtures or fittings. This building is maintained in a good condition but it is noted that it may require some structural attention at its northern point prior to redevelopment taking place.

For Sale by Informal Tender on Wednesday 10th October 2018 at 12 noon.

Situation

The property lies in a prominent position in Leominster town centre. Leominster itself offers a large amount of shopping, recreational and educational opportunities and has strong transport links to both Hereford and north to Kidderminster and Worcester and has both a bus and railway station.

The city of Hereford is located approximately 13 miles south of the subject property and the A49 is easily accessible.

Commercial

Shop Front 55.20sqm (181'1")

This comprises an open area with extensive frontage onto South Street. Internally it is open plan with timber floor, timber beams and hatch to a basement.

Shop Rear 19.86sqm (65'2")

The rear area is accessed directly through the main shop and again comprises a bare room with timber floor and exposed beams. It also contains a staircase leading to the facilities and a rear door to the adjoining annex.

The staircase off the secondary commercial space leads to a first floor WC and further ancillary space which as the potential to be used as a kitchenette associated with the commercial area.

Residential

A door from the commercial space on the first floor leads to the above residential flat. On entering there is a timber floored hallway with skylights above providing a nice amount of natural light.

There is a shower room off this hallway containing a shower, loo and sink.

Living Room 4.49m x 5.31m (14'9" x 17'5")

This has a timber floor, single glazed windows, wood burner and built in storage.

Dining Room 4.99m x 2.91m (16'4" x 9'7")

The dining room has a timber floor, inbuilt storage and single glazed windows. The dining room provides direct access to both the kitchen and living room.

Kitchen 3.65m x 4.47m (12'0" x 14'8")

It has a timber floor, ceiling spotlights, inbuilt storage, established extractor fan, exposed timber beams and we are informed that items such as the central island and the dishwasher will remain at the property. Back through the kitchen onto the hallway can be found the staircase leading to the second floor.

Along a the second floor corridor can be found-

Bedroom 1 5.95m x 4.60m (19'6" x 15'1")

This is a large space set over two levels and contains a number of period features such as exposed beams. It has slightly restricted ceilings but due to its size these do not impact the feel of the room.

Bathroom 2.85m x 2.11m (9'4" x 6'11")

The bathroom has restricted height in places and contains a loo, sink and shower over bath and has tiled floor and tiled walls.

Heading back along the corridor past the staircase can be found built in storage and

Bedroom 2 2.88m x 3.02m (9'5" x 9'11")

Bedroom 3 3.02m x 5m (9'11" x 16'5")

Bedroom 4 3.47 (11'5")

Bedroom 5 2.8m x 3m (9'2" x 9'10")

These first four bedrooms are located at the southern end of the corridor and all comprise carpeted floors with single glazed windows.

Independent Access Corridor 11m x 1.66m (36'1" x 5'5")

This leads directly from South Street and provides separate access to the flat without interfering with the shop. It has a stone slab floor and holds the boiler for the property. Moving north along this corridor can be found one of the access points to the rear development opportunity.

On accessing the rear annex there is:

Ground Floor

Storage Room 4.86m x 3.8m (15'11" x 12'6")

This contains bay windows and a timber floor.

This room leads to a foyer with a separate access door which in turn leads to two further rooms.

First Room 3.45m x 2.88m (11'4" x 9'5")

The first room is currently used for storage and has a concrete floor with exposed brick walls. Off this room can be found -

Second Room 3.46m x 4.67m (11'4" x 15'4")

Also with a concrete floor and a separate access point. The timber staircase leading from the main access point leads to

First Floor

Room One 3.21m x 6.97m (10'6" x 22'10")

This has bare timber floors and exposed timber frame structure. The surrounding windows are single glazed. Off this large room can be found a small WC and a Kitchenette.

Kitchenette 3.24m x 3.44m (10'8" x 11'3")

This contains a sink and worksurfaces. This space is in need of modernisation.

Outside

To the rear there is parking for around three to four vehicles. This is accessed through the Leominster bus station and along a private road with shared access rights between a number of parties. The parking area is separated from the main building by a graveled garden area and it is noted it provides a good amount of privacy and security.

Services

Main water, electricity, gas and drainage.

Viewing

We will be holding viewings at the property at the below set times only;

Wednesday 12th September between 10am-12pm
Wednesday 19th September between 10am-12pm
Wednesday 26th September between 10am-12pm

Viewers must contact the Agent's Office to book a viewing.

Directions

From Hereford head north on the A49 until you reach the Marlbrook roundabout by Cadbury Marlbrook. At this point take the first exit onto the B4361 and stay on this road until a roundabout is reached near to the bus station and take the second exit onto South Street. 16 South Street can be found on the left hand side opposite the turning for Etnam Street.

Mode of Sale

The property is offered for sale by Informal Tender with Tenders to be received on the Tender Form prepared by the Agent. All Tenders are to be received at the Agent's Hereford office by 12 noon on Wednesday 10th October 2018. The Vendors reserve the right to accept neither the highest or any Tender.

Restrictions

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.

We'd love to hear from you

Please tick to confirm you have read our privacy policy. We want to make sure you fully understand why we collect your contact details and how they will be used and stored.

Request A Viewing

Please tick to confirm you have read our privacy policy. We want to make sure you fully understand why we collect your contact details and how they will be used and stored.