High Street Retail Property to Rent, 4A St Peter's Square, , HR1 2LA - CBRE Commercial

Overview

LEASE FOR SALE / TO LET

A ground floor retail unit with ancillary. The unit provides the following approximate areas and dimensions: Tenure The premises are available by way of an assignment of the existing lease expiring 24 December 2025 and subject to a sub-tenancy of the upper floors expiring 21 December 2025 at a current passing rent of £7,200 per annum exclusive. Alternatively, the ground floor premises are available by way of a sub-lease for a term of years to be agreed. Rent £49,500 per annum exclusive. EPC Energy Efficiency rating is B. Energy Performance Certificate available on request. Rates We understand from the VOA website that the current Rateable Value of the shop is £26,000 and the rates payable are £12,766.00 pa. The UBR for 2019/20 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Hereford is a Cathedral City with a population of over 56,000 and attracts circa 5 million visitors per year. The premises enjoy a prominent aspect on pedestrianised St Peters Street adjacent Edinburgh Woollen Mill with Bon Marche closeby.

Sizes and Measurements

Total Size

1,570sqft

Sales Area

1,538sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,538sqft

Status

Available

Available from

Now

Ground Floor Ancillary

Details

Non-Sales

Size

32sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£49,500/pa

UBR

49.1p

Rateable Value

£26,000.00

Business Rates

£12,766/pa

Floorplan

4A ST PETERS STREET_ HEREFORD_ HEREFORDSHIRE - GOAD

Photos

4A ST PETERS STREET_ HEREFORD_ HEREFORDSHIRE_ HR1 2LA

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