A BUILDING that is home to a bank in a busy Herefordshire street is up for sale.
The property in The Homend in Ledbury is on the market with agents Savills.
The agents said it is a high-yielding retail investment currently let to TSB Bank on a five-year lease expiring on January 24, 2028.
The property includes a basement, ground, first, and second floors, the majority of which is let to TSB.
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The bank has been in occupation for a number of years, Savills said, with a new lease agreed in January 2023 at a rebased rent of £22,660 per annum.
Two residential flats to the side of the property on the first and second floors are sold off on a long leasehold basis for a term of 125 years from January 31, 2008 and paying a peppercorn rent, the agents said.
The building, which is in Ledbury's busy main street, has a prominent street frontage, and is surrounded by a mix of local and national businesses.
Savills said the building is to go to auction on January 24, starting from £140,000.
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