Property Information
Address:
Unit 4, 109/111 Belmont Road, Hereford
, HR2 7JR
Price: Property no longer available.
Size: 1274 sq ft118 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH632490
Property Ref/Agent: 100011071
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
Belmont Road connects the A465 with Hereford City Centre. The premises forms part of a roadside parade that is situated near the residential suburb of Belmont, and is located approximately a mile from the centre of the city. Other occupiers in the scheme include Farmfoods and Dominos.
DESCRIPTION
The premises occupies an end unit of a modern build, roadside parade. The premises is comprised of a single storey, ground floor retail unit with a flat roof. The roadside scheme benefits from approximately 30 car parking spaces.
TERMS
The premises is occupied via a 10 year internal repairing and insuring lease subject to a service charge. The lease began on 10 November 2017 and is subject to a 5th year rent review and a tenant only break clause on 9 November 2022. It is due to expire on 9 November 2027.
Current Rent being paid £23,000 pax
RATEABLE VALUE
The 2017 Rateable Value for the property is:-
Rateable value: £23,250
Rates payable: £11,601
Interested parties are encouraged to make their own enquiries with the Local Rating Authority.
ACCOMMODATION
The property provides the following approximate areas and dimensions:
Net Internal Area 118.36 sq m 1,274 sq ft
PLANNING
The property currently benefits from A1 planning use. Other uses will be considered subject to all necessary consents being granted.
SERVICE CHARGE
The service charge is calculated on a quarterly basis. The annual service charge payable for 2019 amounted to £1,536.88 plus VAT.
EPC RATING
C - 74
VAT
VAT is payable to the rent.
LEGAL COSTS
Each party to bear its own costs incurred in the transaction.
Current Rent being paid £23,000 pax
Belmont Road connects the A465 with Hereford City Centre.
The premises is comprised of a single storey, ground floor retail unit with a flat roof.
Net Internal Area 118.36 sq m 1,274 sq ft
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