61 Commercial Street, Hereford, Herefordshire
Hereford, HR1 2DJ

  • map
Ben Davies

The Agent

Ben Davies
Associate

02920 346311
Ryan Pratt

The Agent

Ryan Pratt
Associate Director

02920 346306
Brochure

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Specification

  • RETAIL
  • 998 sqft (93 sqm)
  • To let / For sale
  • £26,500 per Annum / POA

Description

LOCATION

The property is located in a good position on Commercial Street within the pedestrianised section of the town centre. Adjacent occupier is TSB Bank with a good mix of national occupiers in the immediate vicinity including Carphone Warehouse, Holland & Barrett, Costa, I Store, The Works and Boots Optician.

DESCRIPTION

The property comprises three storeys over ground, first and second floor with access provided directly from Commercial Street via a fully glazed frontage.

TERMS

The property is available to let via a new lease for a term to be agreed on full repairing and insuring terms.

Quoting rent £26,500 pax

Alternatively. consideration may be given to the freehold sale. Price upon application.

As part of our obligations under the UK Money Laundering
Regulations 2017, Cooke & Arkwright will require any purchaser to provide proof of identity along with any other required documents.

RATEABLE VALUE

Our enquiries with the Local Authority indicate that the premises has a rateable value of:

Rateable value £47,000
Rates payable £24,722

Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

ACCOMMODATION

The property provides the following approximate areas and
dimensions:-

Gross frontage 6.45 m 21 ft 01 ins
Net Frontage 5.53 m 18 ft 01 ins
Built Depth 17.75 m 61 ft 07 ins
Internal Width 5.42 m 17 ft 09 ins
Ground floor sales 92.68 sq m 998 sq ft
First floor ancillary 38.69 sq m 416 sq ft
Second floor ancillary 19.47 sq m 207 sq ft

PLANNING

We understand the property benefits from A1 planning consent. Other uses may be considered subject to planning.

EPC RATING

G - 167

VAT

VAT is payable to the rent.

LEGAL COSTS

Each party to bear its own legal costs in dealing with this transaction.

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.

The Leekes Retail and Leisure Group have substantial property assets within the group and have engaged Andrew West to appeal against rating assessments on these properties since 2010. We have consistently been impressed by Andrew's knowledge of the property market and his negotiating skills have been exceptional. Given Andrew's outstanding performance, we would not hesitate to recommend Andrew to any business large or small seeking to appeal their rates liabilities.

Mike Fowler, Group Finance Director, Leekes Group