Retail Unit to let in a character building, situated in an excellent location on Widemarsh Street, which links High Town with the Old Market retail development.
Nearby retailers, both national and local, include Primark, Marks & Spencer, WHSmith, New Look, Boots and branches of Banks in High Town, while the City Centre Tesco Supermarket with its underground car park is a short distance away.
The accommodation comprises ground floor retail sales area with first floor ancillary accommodation above.
Ground Floor Sales Area - 1,250 sq ft, 116.1 sq m
First Floor Ancillary - 236 sq ft, 21.9 sq m
Total - 1486 sq ft, 138 sq m
The property is available to let on a new Internal, Repairing and Insuring Lease at a rental of £30,000 per annum exclusive.
Mains water and electricity are connected.
Energy Performance Certificate Rating Band E - details available on request.
The 2017 Valuation Office Agency List shows the property having a Rateable Value of £31,750. The multiplier for the 2018/19 year is 48.0p in the pound. The rates payable may be subject to transitional adjustment.
With effect from 1st April 2019, general retail premises will benefit from a 33.3% discount on the Business Rates. See retail discount regulations for further guidance.
Prospective tenants should confirm their liability with Herefordshire Council.
The property is within the Hereford Business Improvement District (www.herefordbid.co.uk) and is subject to a levy of 1.2% on the 2010 Rateable Value of £37,500.
Herefordshire Council, Town Hall, St Owen Street, Hereford.
Telephone: 01432 260000