The property comprises two modern single-storey adjoining buildings on the southern side of West Hill (A44). It backs onto a residential house directly south along Hatton Park. The buildings are of cavity brick construction under pitched tiled roofs. The larger building comprises a large sales area with a small area given over as storage for frozen/chilled goods, with an aluminium shop front.
( Agency Pilot Software ref: 52783 )
Location
The property is located on the southern outskirts of Bromyard, a town within Herefordshire, approximately 14 miles to the northeast of Hereford and 15 miles west of Worceste
Accommodation
Site size 0.23 Acres
Terms
RATEABLE VALUE This property has a rateable value of £43,700 Uniform Business Rate: 0.512p in the £ Estimated rates payable: £22,374 pa These figures are provided as a guide only, interested parties are advised to confirm this with the local rates authority.
EPC Available on request
PLANNING Use class E
TENANCY The premise is let to Alliance Property Holdings Ltd (t/a Morrisons) on a 10-year FRI lease commencing on 23 October 2023. The passing rent is £32,000 per annum with an CPI linked upwards only rent review in year 5, capped at 2%.
COVENANT The tenant has a healthy covenant strength as Alliance Property Holdings Ltd is a whollyowned subsidiary of WM Morrison Supermarkets Ltd
Specification
• Prominent roadside location.
• Located in the market town of Bromyard, Herefordshire, 14 miles North East of Hereford and 14 miles West of Worcester
• New letting to Alliance Property Holdings Ltd ( t/a Morrisons) providing a 10-year lease at £32,000 pa.
• VAT not elected.
• The building provides a well-configured retail unit with an area totalling C. 3,232 sq ft GIA.