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More about this property

LOCATION
Sweetmans Yard is off Plough Lane and is situated in close proximity to the centre of the Cathedral City of Hereford off the A438 Brecon road. Nearby occupiers include Herefordshire Council, Bulmers, Westdown Bathrooms, Plumb Centre and Gravels Kia dealership.

DESCRIPTION
The Unit is on an established light industrial/trading estate.

ACCOMMODATION

Unit 21 - 2,446 Sqft, 227.2 Sqm

TERMS
The Unit is available to let on new six year lease at an annual rent of £12,500 per annum. The lease may be terminated at any time after the first year of the lease. The rent will be reviewed at the end of the third year.

The rent is subject to VAT.

SERVICES
3 Phase electricity, mains water and drainage.

OUTGOINGS
The tenant is to pay the landlord a fair proportion of the cost of the buildings insurance and water/drainage charges

BUSINESS RATES
The 2023 Valuation Office Agency List shows the property having a Rateable Value of £9,400. The multiplier for the 2025/26 year is 49.9p 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.

EPC
The Unit has an EPC in Band E.
See:- https://find-energy-certificate.service.gov.uk/energy-certificate/8251-7314-9581-0448-7387

LOCAL AUTHORITY
Herefordshire Council, Town Hall, St Owen Street, Hereford, HR1 2PJ
Telephone: 01432 260000

COSTS
A contribution towards the landlords costs will be payable of £450 + VAT

FURTHER INFORMATION AND VIEWING
Charles Watkinson MRICS
Cross + James Commercial
Telephone: 07788718899
Email: cwatkinson@crossandjames.co.uk

RICS LEASE CODE
It is recommended that applicants refer to the RICS Code of Practice for Commercial Leases.

Arrange a Viewing

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.