King Street is in a prominent position near to the City Centre of Hereford, with the Cathedral and River Wye nearby. The property is in an established professional area with Estate Agents, Solicitors and Accountants, together with some specialist retail outlets and Restaurants/Licensed premises.
The ground floor shop is located in a character Listed Building.
Ground Floor Retail Area - 932 sq ft, 86.6 sq m
The property is available to let on a new lease at a rental of £10,000 per annum exclusive.
Mains water and electricity are connected.
Energy Performance Certificate Rating Band B - details available on request.
The 2017 Valuation Office Agency List shows the property having a Rateable Value of £9,600. The multiplier for the 2018/19 year is 48.0p in the pound. The rates payable may be subject to transitional adjustment.
A tenant may be eligible for 100% Small Business Rate Relief discount. Prospective tenants are advised to confirm their eligibility for reliefs and their rate 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 Rateable Value.
Herefordshire Council, Town Hall, St Owen Street, Hereford
Telephone: 01432 260000.