The property comprises a terraced building on St Peters Street. The building is situated in a conservation area. It is arranged over ground, first and second.
The ground floor is separately let to the upper floors and tenanted by Reed In Partnership Limited. The space is mainly open plan with some partitioning to create training and meeting rooms.
The upper parts are currently vacant but have been granted planning permission for residential conversion. The upper floors are accessed via a separate staircase at the front of the building.
Mixed use freehold investment & development opport
Total rent roll of £60,000 per annum
Retail investment on the ground floor
The upper floors of the property currently have planning permission to be converted into 5 residential apartments. The rear of the ground floor also has planning consent for an additional 2 flats. Planning reference No: P193881/F
Hereford is a cathedral City and the county town of Herefordshire. It lies in close proximity to the River Wye, approximately 16 miles east of the border with Wales and 23 miles north-west of Gloucester.
Hereford is based in the West Midlands region of England. It is known for its historic cathedral, which dates back to the 11th century, and its picturesque black and white timber-framed buildings. Hereford also has a strong agricultural heritage and is home to the Hereford cattle breed. The city hosts several events throughout the year, including the Herefordshire Food Festival and the Hereford Cathedral Perpetual Trust Christmas Fair.
The property is located on the western side of St Peter's Street, in the centre of Hereford. St Peter's Street joins with High Town and Commercial Street forming one of the main shopping areas in Hereford.
The premises is also a short walking distance from Hereford Cathedral and the Independent Quarter which is home to a number of retailers and cafes and restauranteurs.