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25-27 West St

4,542 SF 100% Leased Retail Building Leominster HR6 8EP $311,915 ($69/SF)

Retail Space Herefordshire Leominster 25-27 West St, Leominster, HEF HR6 8EP

Investment Highlights

  • Comprises 2 shops arranged over ground, first & second floors
  • Part let to Scrivens Limited (2) and agreed a new lease 5 year lease at £8,500 p.a.
  • Located in a historic market town
  • Partially let to Specsavers Optical Superstores Ltd (1) on a lease expiring in 2026
  • Total accommodation of approx. 422 sqm (4,542 sqft)
  • Asset Management Opportunity

Executive Summary

Lot 53 is available for sale at an Allsop online auction to be held on Wednesday 17th July 2024.
The property comprises a freehold investment opportunity for sale.
The asking price is £250,000, representing a gross initial yield of 8.72%.

Attachments

Commercial - 17th July 2024 - Lot 53 - 25_27 West Street, Leominster, Herefordshire, HR6 8EP

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Building Size
4,542 SF
Year Built
1990
Price
$311,915
Price Per SF
$69
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.45
Lot Size
0.23 AC
Frontage
31 FT on West Street
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Nearby Major Retailers

ALDI
The Co-operative Food
Barclays
Lloyds Bank Plc
Coffee #1
Spar
National Westminster Bank plc
OK Diner
Morrisons
+44 20 7437 6977

Contact

  • Listing ID: 32415871

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 25-27 West St, Leominster HR6 8EP

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25-27 West St
+44 20 7437 6977 x

25-27 West St

Henry Chamberlayne

+44 20 7437 6977

+44 20 7437 6977

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