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To Let
  Shop      
£18,000 pa
Bewell Street, Hereford, HR4
LOCATION

Bewell Street is in the centre of the Cathedral City of Hereford, linking Tesco Supermarket and car park to the principle retail areas of Widemarsh Street and High Town, where retailers include Primark, M&S, WHSmith, Monsoon, Boots, New Look, HSBC, Lloyds TSB and other local amenities are close by. It is a short walking distance from Hereford Cathedral.

The premises are situated among other local traders including Hereford Butchers, Symonds of Hereford, Cookies Coffee Shop and a Hairdressing Salon.

DESCRIPTION

The block of which the shop forms part is of a modern construction and the premises benefit from an existing retail use.

ACCOMMODATION

Ground Floor - Retail/Office - 1,297 Sq ft, 120.5 Sq m

Store/Office

Kitchen Area

Total - 1,297 Sq Ft, 120.5 Sq m

SERVICES

Mains electricity and water are connected.

EPC

Energy Performance Certificate Rating Band B - details available on request.

TERMS

The property is available to let on a new lease at a rental of £18,000 per annum exclusive.

Availability subject to existing Tenancy Surrender negotiation.

The Landlord will consider reducing the size of the premises and the rent. This potentially could give rise to 100% Small Business Rate Relief.

BUSINESS RATES

The 2017 Valuation Office Agency List shows the property having a Rateable Value of £15,750. 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.

HBID

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.

LOCAL AUTHORITY

Herefordshire Council, Town Hall, St Owen Street, Hereford.

Telephone: 01432 260000

To Let
£18,000 per annum

  • Shop
  • Leasehold
Available from 18 March 2019

Property photo
 
Contact
A: Cross & James (Commercial) Ltd
T: 01432 343 777
E: commercial@crossandjames.co.uk
Reference: CRJA_001197



IMPORTANT NOTICE
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.