44 Bye Street Development
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44 Bye Street Development
3 Retail Properties Offered at $850,000 in Ledbury
Investment Highlights
- Development Opportunity Available For Sale
- Centrally located in Ledbury
- Extending to approximately 0.32 acres (0.13 hectares)
Executive Summary
44 Bye Street - provides 600 sq ft of retail and ancillary space situated on the ground floor and is currently let on a three year lease from 30 August 2024 at a rent of £7,500 per annum exclusive. The lease is excluded from the Landlord and Tenant Act 1954.
44A Bye Street - is a one bedroom second floor flat, which is in need to substantial refurbishment. Access is via an external steel staircase, and has potential to provide one/two bedrooms, living and kitchen accommodation.
44B Bye Street - provides two bedroom accommodation on the first floor and is currently let on an AST for £600 PCM. The accommodation includes: entrance; hallway; living room; bathroom; two bedrooms; kitchen and cloakroom.
44C Bye Street - is a two storey three bedroom property with courtyard. The accommodation briefly comprises to ground floor: Entrance; Hallway; three Bedrooms; Shower Room; and stairs to first floor, which includes: Landing; Living room; utility room; cloakroom; Kitchen. Currently owner-occupied.
Gross rental income: £19,800 per annum
44A Bye Street - is a one bedroom second floor flat, which is in need to substantial refurbishment. Access is via an external steel staircase, and has potential to provide one/two bedrooms, living and kitchen accommodation.
44B Bye Street - provides two bedroom accommodation on the first floor and is currently let on an AST for £600 PCM. The accommodation includes: entrance; hallway; living room; bathroom; two bedrooms; kitchen and cloakroom.
44C Bye Street - is a two storey three bedroom property with courtyard. The accommodation briefly comprises to ground floor: Entrance; Hallway; three Bedrooms; Shower Room; and stairs to first floor, which includes: Landing; Living room; utility room; cloakroom; Kitchen. Currently owner-occupied.
Gross rental income: £19,800 per annum
Property Facts
| Price | $850,000 | Number of Properties | 3 |
| Price / SF | $404.76 / SF | Individually For Sale | 0 |
| Cap Rate | 2.33% | Total Building Size | 2,100 SF |
| Sale Type | Investment | Total Land Area | 1.00 AC |
| Status | Active |
| Price | $850,000 |
| Price / SF | $404.76 / SF |
| Cap Rate | 2.33% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 2,100 SF |
| Total Land Area | 1.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 44 Bye St, Ledbury HR8 2AA | Retail | 600 SF | 1900 | - |
|
J Jones Car Sales
Bye St, Ledbury HR8 2AA |
Retail | 500 SF | 1900 | - |
| Bye St, Ledbury HR8 2AA | Retail | 1,000 SF | 1900 | - |
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Adam Goodwin -
John Goodwin
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44 Bye Street Development
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