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£350,000

Church Street, Leominster, HR6

  • 4 beds
Flat

£350,000

  • 4 beds
Flat
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Estimate monthly mortgage payment:

£1,598 per month

Minimum deposit amount:

£17,500
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Grade II Listed Freehold Commercial & Residential Investment Large Ground Floor Commercial/Retail Premises With Additional First Floor Storage Including 2 Large Residential Flats Above Both Offering 2 Bed Accommodation set Over two Floors

LOCATION

The property commands a prominent position just off the centre of the market town of Leominster which has a resident population of approximately 11,000 and a wider catchment area of approximately 40,000. The town is strategically located at the intersection of the A49 South Wales to Manchester and the A44 Worcester to mid Wales route. The town is also on the Manchester-Cardiff railway. The city of Hereford is 13 miles away, Worcester 26 miles and Shrewsbury 36 miles.

COMMERCIAL PREMISES

Set juts off the town centre this substantial, principally ground floor commercial/retail premises benefits from a double frontage with large glazed display windows and two glazed inset doors. This leads into a spacious shop retail agree which is of a good size with a doorway leading through to two offices. There are three further good sized retail shop areas leading off the the main room and a door leading through to a staff room to the rear. The staff room has a small kitchenette area and cloakroom/wc off and an emergence access to the rear. A staircase from the staff room leads to two good sized first floor rooms which have been used for stock storage but has potential to create a further residential flat, subject to the appropriate planning approval.

RESIDENTIAL FLATS

There are two separate residential flats above which are accessed via a shared communal door from the archway that leads up to landing area with front doors to both flats. Flat 7a is currently unoccupied and offers accommodation set over two floor to include a reception hallway, kitchen breakfast room, living room and inner hallway/study to the first floor and a staircase leading to the second floor which offers a large bathroom, and two bedrooms. Flat 7b is currently occupied by a long standing tenant and also offers two bedroom accommodation set over two floors. For further details of the existing tenant please contact the selling agents.

SERVICES & EXPENDITURE

Mains Electricity, Water & DrainageTenure: FREEHOLDGrade II Listed PropertyCouncil Tax Band: Flat 7a - B Flat 7b - BShop Rateable Value - ?8,700 (This is the rateable value not what you pay in business rates).Broadband Availability: Ultrafast - download speed 1000mbps upload speed 1000mbps

AGENTS NOTES

- The ground floor commercial premises and Flat 7a are currently Vacant.- Flat 7b is tenanted, for further details of the tenancy and income, please contact the selling agent.

LOCAL AUTHORITY

Herefordshire Council. Telephone 01432 260000

Jackson Property (Leominster)

Jackson Property for themselves and the vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.Services & Expenditure notes have been taken from https://checker.ofcom.org.uk/ and https://www.gov.uk/council-tax-bandsThe agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status along with any tenancies that may be in place. The buyer is advised to obtain verification from their solicitor or surveyor.

VIEWINGS

Strictly by appointment. Please contact the agents on 01568 610600 before travelling to check viewing arrangements and availability.Viewings to be conducted under our viewings policies, copies of which can be found on www.bill-jackson.co.uk

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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