- 1,274 sqft (118 sqm)
- To let
- £23,000 per Annum
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.
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.
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
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.
The property provides the following approximate areas and dimensions:
Net Internal Area 118.36 sq m 1,274 sq ft
The property currently benefits from A1 planning use. Other uses will be considered subject to all necessary consents being granted.
The service charge is calculated on a quarterly basis. The annual service charge payable for 2019 amounted to £1,536.88 plus VAT.
C - 74
VAT is payable to the rent.
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.