£ 1,090,000 Asking price
INVESTMENT SALE 15a-20 West Street.
Mixed use investment opportunity located in close proximity to Hereford City Centre;
Passing rent of £100,000 per annum. Yield 9.17%;
Recently re-branded the St Thomas Quarter.
Location and Situation
The various properties comprising 15a-20 West Street are located on West Street and occupy a prominent position. Current occupiers of the properties are listed as follows:
15a West Street The Brickworks
17 West Street - Vacant
17a West Street The Meze Restaurant
18 West Street LouLou's Bubble Tea Hub
19 West Street HVOSS
19a West Street The Loft
20 West Street Gsix Hair Designs
36a Aubrey Street Badder Fabrics; Tenant Leaving
Other occupiers in the local vicinity include A Rule of Tum (the Bookshop and Burger Shop), Sprint Motors, Roman Glass, Ascaris, The Stagecoach and Hereford Beer.
The properties on West Street are traditionally constructed with load bearing walls and pitched tiled rooves.
The parade of shops is situated immediately facing West Street. The property comprises 5 ground floor units of various uses, with a further let property on the first floor. All properties have independent access and are currently let to various tenants, making this parade an ideal investment opportunity.
For further information please see attached PDF brochure
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.