Aubrey Street, Hereford

***Investment Property ***

An opportunity to purchase a Freehold Office block with existing income stream

The Offices are located in central Hereford just off King Street with solicitors estate agents and cafes nearby
In the 1980's The Hereford Times Newspaper was produced at 26-28 Aubrey Street, then a firm of solicitors occupied the whole building and from January 2005 then sold to Dealistic Ltd which occupies a suite of offices on the second floor and the other suites are let out as offices with two ground floor retail units for investment income potentially circa £47,000 and rising to £56,000 after 14 months.



CAT 6 data cabling,CAT 2 lighting,Key fob door locking mechanisms per suite.Security Alarm.

Each suite is capable of having its own data cabling intranet and internal telephone system, so tenants do not have to rent or buy a telephone system. The Landlord re-charges the tenants for costs such as central heating, water and drainage.

Business Rates INformation:

Ground Floor 28 Aubrey Street, Hereford Offices & Premises 83.1 sq.m RV £4,800

26-27 Aubrey Street, Hereford Hairdressing Salon and premises 76.5 sq.m RV £9,000

Unit 1, at 26-28 Aubrey Street, Hereford Offices & Premises 46.6 sq.m RV £5,100

Unit 2, at 26-28 Aubrey Street, Hereford Offices & Premises 56.4 sq.m RV £5,900

Unit 3, at 26-28 Aubrey Street, Hereford Offices & Premises 96.9 sq.m RV £10,000

Unit 4, at 26-28 Aubrey Street, Hereford Offices & Premises 59.6 sq.m RV £4,650

Unit 5, at 26-28 Aubrey Street, Hereford Offices & Premises 55.6 sq.m RV £4,350

Business Rates: For further information contact Julie at Herefordshire Business Rates Team

CAR-PARKING

There is no car-parking included with the freehold building. In the past Tenants have found their own car-parking spaces within walking distance of NCP car parks or Private non-allocated parking off-Berrington Street.

VATThe Building is Opt to Tax and therefore VAT is payable on the purchase price and VAT is chargeable on all income.

SCHEDULE OF ACCOMMODATION

Suites

Sq.m Sq.ftUnit 1Office & Premises 46.6 501

Unit 2Office & Premises 56.4 606

Unit 3Office & Premises 96.9 1042

Unit 4Office & Premises 15.3 164

Unit 5Office & Premises 55.6 598

Shop 1Office & Premises 83.1 894

Shop 2&3Retail A1 76.5 823

Total 430.4 4628

EPC – D Rating – 9954-3010-0213-0990-8801 – Valid Unit 2029

Full Price = £550,000 plus v.a.t.

SUB AGENT of Arkwright Owens Chartered Surveyors