School Lane, Leominster, Herefordshire
£115,000

Guide price

Bedrooms: 1
Charming Attached Grade II Listed Property Offering Both Retail & Residential Accommodation Including Ground Floor Retail/Commercial Premises Refurbished Residential Maisonette Set Just Of Town Centre Great Investment Opportunity

LOCATION

The property commands a prominent position just off Corn Square in School Lane in the centre of the market town of Leominster which has a resident population of approximately 11,000 and a wider catchment area of approximately 40,000. The town is strategically located at the intersection of the A49 South Wales to Manchester and the A44 Worcester to mid Wales route. The town is also on the Manchester-Cardiff railway. The city of Hereford is 13 miles away, Worcester 26 miles and Shrewsbury 36 miles.

BRIEF DESCRIPTION

The property comprises a Grade II Listed attached property offering part retail/commercial and part residential accommodation.

The ground floor retail/commercial premises is currently occupied by a hairdresser and has it's own separate access off School Lane. Internally it comprises a reception area with two well-proportioned rooms and a separate cloakroom/wc. The tenant currently occupies this premises under the terms of a lease commencing September 2022.

The residential element comprises a newly refurbished maisonette which also has it's own private front door off School Lane, which leads through to a recently refurbished kitchen area. A staircase leads up to the first floor accommodation which includes a large modern bathroom with under floor heating and dining/living area with a further staircase from the living area leading up to a second floor attic room area designated as a bedroom.

SERVICES AND EXPENDITURE

All Mains Services Connected, Electric, Water, Drainage & Gas.

Business Rates For Ground Floor Commercial Premises Ha a Rateable Value Of £1,025 per annum meaning that future occupiers should be able to obtain maximum Small Business Rate Relief.

Residential Flat - Council Tax Band: A

Tenure - FREEHOLD subject to the occupational tenancy in place.

Broadband Availability: Superfast: download 80mbps upload 20mbps

OCCUPATIONAL TENANCIES

- The flat is offered with vacant possession.

- The shop is let on a 2 year lease from the 12th November 2022 at £2,700 per annum

LOCAL AUTHORITY

Herefordshire Council. Telephone 01432 260000

VIEWINGS

Strictly by appointment. Please contact the agents on 01568 610600 before travelling to check viewing arrangements and availability.

Jackson Property (Leominster)

Jackson Property for themselves and the vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Services & Expenditure notes have been taken from https://checker.ofcom.org.uk/ and https://www.gov.uk/council-tax-bands

The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status along with any tenancies that may be in place. The buyer is advised to obtain verification from their solicitor or surveyor.

Jackson Property may be entitled to commission from other services offered to the Client or a buyer including but not only the following services: Conveyancing, Mortgage, Financial advice, Surveys etc. An average referral fee is defined as £100+vat.

ROOM MEASURMENTS

RETAIL/COMMERCIAL PREMISES

MAIN SHOP AREA - 11'3 x 9'3 (3.43m x 2.82m)

SECONDARY AREA - 10'4 x 9'6 (3.15m x 2.90m) max

RESIDENTIAL MAISONETTE

KITCHEN - 21'6 x 4'5 (6.55m x 1.35m)

LIVING/DINING ROOM - 11'8 x 9'3 (3.56m x 2.82m)

BATHROOM - 13'3 x 7'3 (4.04m x 2.21m)

ATTIC ROOM/BEDROOM - 13'3 x 12'10 (4.04m x 3.91) max limited head hight

Marketed by 01568 368014

Jackson Property - Leominster

3 Broad Street, Leominster, Herefordshire

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