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 20 - 1,834 sq ft, 170.4 sqm - £9,500
TERMS
The Unit is available to let on a new six year lease at an annual rent as cited above. 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 Unit having a Rateable Value of £8,000. 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
Unit 20 has an EPC in Band E.
For more details see:- https://www.gov.uk/find-energy-certificate
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
RICS LEASE CODE
It is recommended that applicants refer to the RICS Code of Practice for Commercial Leases.
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.