58 Commercial Road, Hereford, HR1 2BP

Description
Yates is arranged over basement, ground and first floors.
Ground Floor: Open plan trading area with central bar servery and seating on loose tables, chairs and bench seating for approximately 130 customers along with a dance area and DJ booth.

Basement: Cellar and a number of store.

First Floor: Trade kitchen, office, customers toilets and managers accommodation comprising a living room with kitchen and a double bedroom with en-suite.

Externally: To the rear of the property is a trade garden with bench seating for approximately 62 customers and car parking for circa 4 vehicles (accessed just off Kyrle Street).

Location
Hereford is a cathedral city, located 23 miles north west of Gloucester and 23 miles south west of Worcester. Hereford has a population of approximately 192,000 residents. The city is hugged by the River Wye and is well known for its golden-stone cathedral, with its medieval Mappa Mundi and Chained Library. The city provides excellent train links from Hereford to Worcester (44 minutes) and Cardiff (just over 1 hour).
Yates fronts the busy Commercial Street with nearby occupiers including The Kings Fee (JD Wetherspoon) and Hogarths (Amber Taverns) along a mix of national and independent operators.

Tenure & Terms
Offers in excess of £70,000 per annum are invited for a new free of tie lease on terms to be agreed.

Premises Licence
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol at the following times:
Monday - Sunday: 08:00am - 02:00am

Trading
The premises are currently open and trading.

Rateable Value
2023 Rateable Value - £58,000.

EPC
D-95.

Planning
We understand the property is not listed but is located within the County of Herefordshire Conservation Area.

Fixtures and Fittings
The letting of the property will not include trade fixtures and fittings which are in the ownership of the current Lessor. Any branded or leased items and any items owned by third parties will be excluded.

VAT
VAT will be applicable on the rent.

Viewings
Interested parties are asked to undertake a discrete customer visit in the first instance however, understands should any direct approach be made to any of the occupational staff. Formal viewings to be arranged via the sole letting agents Savills.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective tenants. Prospective tenants will need to provide proof of identity and residence.