19 High Street, Ledbury, HR8 1DS

• 3317 Square Feet

 

• FREEHOLD INVESTMENT PROPERTY IN TOWN CENTRE
• FOR SALE SUBJECT TO ONGOING LEASE DATED 8 MAY 2025
• COMMERCIAL PREMISES AND SECOND FLOOR FLAT
• RENTAL INCOME OF £30,000 PER ANNUM
• VIEWING HIGHLY RECOMMENDED
• GUIDE PRICE £425,000

Description

FREEHOLD INVESTMENT PROPERTY IN TOWN CENTRE
FOR SALE SUBJECT TO ONGOING LEASE DATED 8 MAY 2025
COMMERCIAL PREMISES AND SECOND FLOOR FLAT
RENTAL INCOME OF £30,000 PER ANNUM
VIEWING HIGHLY RECOMMENDED
GUIDE PRICE £425,000

Location & Description

The property is located in the picturesque county town of Ledbury, situated in the east of the county of Herefordshire and shares borders with Worcestershire and Gloucestershire. Ledbury is a busy and expanding town with two well publicised housing developments underway, and has a population of approximately 10,000. Ledbury has been featured in a number of newspapers as one of the best places to live and visit, and benefits from a wide rural catchment and is a popular tourist destination, with many local attractions and events, including Eastnor Castle, The Malvern Hills, and the world renown Ledbury Poetry Festival. The Town Centre includes a number of national businesses, such as Boots, Spar, Coffee No1, Specsavers, One Stop, and Day Lewis, and many local retailers and businesses creating a busy high street. Ledbury benefits from from good transport communications, with the M50 motorway located approximately 4 miles south of the town providing access to the M5 and the wider motorway network. The town also benefits from a mainline railway station with direct trains to Hereford, Malvern, Worcester, Birmingham, Oxford, Reading and London.

We are delighted to be instructed to offer this highly visible investment property located in the heart of Ledbury's bustling town centre. This attractive, and well positioned opportunity provides accommodation over basement and three floors. The building is a grade II listed building with a predominantly brick and timber construction under a pitched tiled roof to front wit rendering and parapet, and mono-pitch steel profile roof to the kitchen extension to the rear of the building. The property is let to a long-established independent restaurant operator know locally for their Indian Cuisine with the most recent lease dated 8 May 2025, for a three year term expiring 7 May 2028 at a rent of £30,000 per annum. A copy of the lease is available upon request and viewing.

Basement & Ground Floor - 1643 sq ft (152.63 sq m)

The Ground Floor provides access to the cellar. The ground floor includes restaurant reception area and till/bar, with seating area leading to WC facilities and Kitchen to the rear of the building.

First Floor - 835 sq ft (77.57 sq m)

The First Floor benefits from further seating area to the front of the building, with views over Ledbury Town Centre, with storage and prep area; WC facilities; and seating area to the rear.

Second Floor - 839 sq ft (77.94 sq m)

The Second Floor provides ancillary accommodation, bathroom, storage rooms.

Services

We have been advised that mains electricity, gas, water and drainage are connected to the property. This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority. No statement relating to services or appliances should be taken to imply that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.

Agents Notes

PLANNING- We believe the current use class associated with the commercial premises is Class E and interested parties are recommended to confirm with the Local Planning Authority that their proposed use will be acceptable.
ENERGY PERFORMANCE CERTIFICATE The EPC rating for this property is: B (41) https://find-energy-certificate.service.gov.uk/energy-certificate/9181-2564-3538-1307-8451

Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request.

John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchases/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.

Tenure

The property is available for sale (subject to legal verification) on a freehold basis, with a guide price of £425,000.

Council Tax

The Council Tax Band is "B".This information has been obtained rom the Valuation Office Agency website and all interested parties are therefore advised to verify these figures with the local billing authority. The local billing authority is Herefordshire Council.

Energy Performance Certificate

The EPC rating for this property is B (41). https://find-energy-certificate.service.gov.uk/energy-certificate/9181-2564-3538-1307-8451

Viewing

The property is available for viewings through the Agent's Commercial Department. Tel: 01531 634648 option 3. E-Mail: commercial@johngoodwin.co.uk Address: 3-7 New Street Ledbury, HR8 2DX

Virtual Tour

Please fill out the form below to request the virtual tour for this property. Please note these are not available for all properties.

*Mandatory field Submit request

Directions

From the Agent's Ledbury Office turn left towards the traffic lights, at the traffic lights, cross the road and the property can be found after a short distance on the right hand side. POST CODE: HR8 1DS WHAT3WORDS:///slim.midfield.huddling