Unit 4, 109/111 Belmont Road, Hereford
Hereford, HR2 7JR

LOCATION

Belmont Road connects the A465 with Hereford City Centre. The premises forms part of a roadside parade that is situated near the residential suburb of Belmont, and is located approximately a mile from the centre of the city. Other occupiers in the scheme include Farmfoods and Dominos.

DESCRIPTION

The premises occupies an end unit of a modern build, roadside parade. The premises is comprised of a single storey, ground floor retail unit with a flat roof. The roadside scheme benefits from approximately 30 car parking spaces.

TERMS

The premises is occupied via a 10 year internal repairing and insuring lease subject to a service charge. The lease began on 10 November 2017 and is subject to a 5th year rent review and a tenant only break clause on 9 November 2022. It is due to expire on 9 November 2027.

Current Rent being paid £23,000 pax

RATEABLE VALUE

The 2017 Rateable Value for the property is:-

Rateable value: £23,250
Rates payable: £11,601

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

ACCOMMODATION

The property provides the following approximate areas and dimensions:

Net Internal Area 118.36 sq m 1,274 sq ft

PLANNING

The property currently benefits from A1 planning use. Other uses will be considered subject to all necessary consents being granted.

SERVICE CHARGE

The service charge is calculated on a quarterly basis. The annual service charge payable for 2019 amounted to £1,536.88 plus VAT.

EPC RATING

C - 74

VAT

VAT is payable to the rent.

LEGAL COSTS

Each party to bear its own costs incurred in the 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.