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Contact the Ledbury Office on 01531 634648 Option 3.
- 2630 Square Feet
- INVESTMENT PROPERTY FOR SALE
- EPC RATING: C (69)
- SALES AREA EXTENDING TO APPROXIMATELY 814 SQ FT
- RENT INCOME: £16,100 PER ANNUM
- GUIDE PRICE: £220,000
INVESTMENT PROPERTY FOR SALE EPC RATING: C (69) SALES AREA EXTENDING TO APPROXIMATELY 814 SQ FT RENT INCOME: £16,100 PER ANNUM GUIDE PRICE: £220,000
Location & Description
The Proprty is conveniently located within Ledbury, which is a busy and expanding country town with a growing population of approximately 10,000. The town serves a wide rural area and is a very busy tourist centre, largely owing to its local attractions such as Eastnor Castle, the Malvern Hills, the Three Counties Show and Ledbury Poetry Festival. The town centre benefits from both a large number of strong independent retailers and also national stores such as Boots & Boots Opticians, Coffee #1, and Clarks Shoes. The cities of Hereford, Gloucester and Worcester are all approximately 16 miles distant and the M50 motorway is approximately 4 miles to the south of the town. The town also benefits from a mainline railway station.
The subject property is a two-storey mid-terraced building and has a ground floor lock-up shop let on a six year lease from 1st Feb 2021 at £10,000 Per Annum. A separate entrance to the left-hand side of the property provides access to the upper floor barbers' premises which are subject to a lease agreement and produce £6,100 per annum in respect of the rent.
We have been advised that mains electricity, 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 infer that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.
PLANNING No enquiries have been made of the Local Planning Authority in order to verify the present use classification of the property described in these particulars. All interested parties are therefore advised to make enquiries of the Local Authority in order to establish that their required use of the premises will be permitted.
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, subject to the ongoing leases, with a GUIDE PRICE of £220,000.
Energy Performance Certificate
The EPC rating for this property is C (69).
By appointment to be made through the Commercial Department at the Agent's Ledbury Office, Tel 01531 634648 Option 3. Or, Tim Reed at Sunderlands Tel: 01432 276 202 Email: email@example.com
MISREPRESENTATION ACT, 1967 - JOHN GOODWIN - Conditions under which Particulars are issued:
John Goodwin for himself and for the Vendors or lessors of this property whose agent he gives notice that:
- The particulars are set out as a general outline only for the guidance of intending purchasers or leasees and do not constitute, nor constitute part of, an offer or contract.
- All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
- No person in the employment of John Goodwin has any authority to make or give any representation or warranty whatever in relation to this property.
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The Premises are situated directly opposite our offices in New Street, Ledbury.
Upton upon Severn
Upton upon Severn, Worcestershire