17 Eign Gate, Hereford
Hereford, HR4 0AB

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Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311
Brochure

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Specification

  • RETAIL
  • 640 - 2,235 sqft (59 - 208 sqm)
  • Under Offer
  • £9,950 per annum

Description

LOCATION: The property is located in a good position on Eign Gate within the pedestrianised section with adjacent occupiers being Thorntons and Ryman Stationer. Other notable retailers located within the immediate vicinity include Caffé Nero, Superdrug, Shoe Zone, British Heart Foundation and Millets.

DESCRIPTION: The property comprises a retail unit arranged over ground, first, second, third and basement floors. The ground floor provides retail sales accommodation with ancillary accommodation provided on the upper floors. Access to the property is direct from Eign Gate via a fully glazed frontage.

TERMS: The property is available to let on the basis of a new lease for a term to be agreed with 5 yearly upwards only rent reviews.

Quoting Rent £9,950 pax RATEABLE VALUE: Our enquiries with the Local Rating Authority indicate that the property is assessed as follows: Rateable value: £11,000 Rates payable: £5,401 VAT: VAT is payable to the rent.

ACCOMMODATION: The property provides the following approximate areas and dimensions:- Ground floor sales 59.45 sq m 640 sq ft W/C Basement (hatch access) - Not measured EPC RATING: 77 - D LEGAL COSTS: Each party to bear their own legal costs in dealing with this transaction.

The specification includes;

  • Quoting Rent £15,000 pax
  • The property is located in a good position on Eign Gate within the pedestrianised section
  • The property comprises a retail unit arranged over ground, first, second, third and basement floors.
  • Ground floor sales 63.64 sq m 685 sq ft First floor 55.07 sq m 593 sq ft Second floor 49.49 sq m 533 sq ft Third floor 39.35 sq m 424 sq ft

Viewings

Strictly by appointment with sole agents Cooke & Arkwright.

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP