Retail premises for sale

Investment

21-23 Commercial Road, Hereford, HR1 2BD

•Mixed use investment opportunity in close proximity to Hereford City Centre
•Popular, central location
•Total income circa £59,000 per annum, erv when full circa £64,000 per annum
•Established occupiers in immediate vicinity
•Businesses unaffected

Description

The properties on Commercial Road are traditionally constructed offering a mix of commercial and residential with parking to the side and to the rear.

The parade itself comprises 4 ground floor units let to a variety of uses including an eatery, off licence, barbers and carpet shop. Units 21,22 and 23 are situated on the frontage with Commercial Road, while 23a is at the rear of the building.

On the upper floors there are mix of residential and office accommodation. Within 21 Commercial Road there is a self contained first floor residential property included in the letting, while all other upper floor properties are accessed via a shared entrance door on the northern side of the building. The door leads to a communal staircase which in turn leads to a first floor landing. The landing has a door to the first floor office, but also a door leading to the second floor, 3 bed flat. The flat has a self contained staircase and extends across the majority of the parade.

Location

The various properties comprising 21-23 Commercial Road are situated on a popular retail street located a short distance from Hereford City Centre and its associated amenities.

Occupiers in the local vicinity include Wetherspoons, Hogarths, Hereford Music Shop and Hereford Gold. Hereford County Hospital is located nearby just off Commercial Road, with Hereford Train and Bus Stations nearby