16 St. Peters St 3,965 SF 100% Leased Retail Building Hereford HR1 2LE £480,000 (£121.06/SF) 8.96% Net Initial Yield
INVESTMENT HIGHLIGHTS
- The property comprises a terraced building within the Hereford Central Conservation Area
- Approximately 16 miles east of the border with Wales and 23 miles north-west of Gloucester.
- The premises is also a short walking distance from Hereford Cathedral
EXECUTIVE SUMMARY
The property comprises a terraced building within the Hereford Central Conservation Area. It is arranged over ground and first floors.
The ground floor offers open plan retail accommodation with ancillary storage and office space on the first floor. W/Cs and kitchen facilities are also located on the first floor.
Bon Marche have recently renewed their lease and report strong trading history from 16 St Peters Street.
The ground floor offers open plan retail accommodation with ancillary storage and office space on the first floor. W/Cs and kitchen facilities are also located on the first floor.
Bon Marche have recently renewed their lease and report strong trading history from 16 St Peters Street.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,965 SF
Building Class
B
Year Built
1987
Price
£480,000
Price Per SF
£121.06
Net Initial Yield
8.96%
NOI
£43,000
Percent Leased
100%
Number of Floors
2
Frontage
20 ft on St Peters St
AMENITIES
- Signage
1 of 1
NEARBY MAJOR RETAILERS
