THE PROPERTY: An excellent opportunity to acquire a freehold mixed-use investment property comprising a ground floor commercial shop together with a self-contained duplex two-bedroom flat above. This Grade II listed building occupies a prominent position on Bridge Street, close to Hereford Cathedral and the Old Bridge, and offers excellent visibility in a prime location.

The commercial premises benefit from an attractive shop frontage with a large display window overlooking Bridge Street, creating an ideal retail presence. To the rear is an office area with access to the outside space. There is also pedestrian access alongside the neighbouring property providing convenient access from Bridge Street to the rear courtyard.

Outside, the enclosed rear area offers two generous storage sheds, a restroom and external stairs leading to the duplex apartment.

The residential accommodation is arranged over two floors. The first level comprises a central living area, utility space, shower room and a double bedroom to the front. The upper floor offers a second bedroom together with the kitchen.

The current estimated rental figures suggest the commercial premises could achieve approximately £1,000 per calendar month, with the flat estimated at £850 per calendar month, giving a combined annual rental income of £22,200. Based on the asking price of £179,950, this represents an approximate gross rental yield of 12.3%.

LOCATION: The property enjoys a prominent position on Bridge Street, one of Hereford's principal city centre roads, situated between the historic Hereford Cathedral and the Old Bridge over the River Wye. This highly visible location benefits from strong pedestrian and passing traffic while being surrounded by a variety of independent retailers, cafés, restaurants and professional businesses.

Hereford city centre offers an extensive range of shopping, leisure and recreational facilities together with the railway station, County Hospital, theatre and cinema. The nearby River Wye and Cathedral provide an attractive historic setting, making this an excellent location for both commercial and residential occupation.

MATERIAL INFORMATION:
Tenure: Freehold
Council Tax: Bands TBC (Herefordshire)
Property Type: Grade II listed, terrace building.
Utilities & Services: Mains electric, water and drainage
Parking: No parking included
Current Occupancy: Vacant
Business Rates: TBC
Maintenance Charge: None we are aware of.
Restrictions/Notices: None we are aware of.
Broadband Speed: Ultra-fast broadband available (1000 Mbps)
Flood Risk: Low. For further information, refer to: https://check-long-term-flood-risk.service.gov.uk/postcode 

To View:  Applicants may inspect the property by prior arrangement with Andrew Morris Estate Agents.

Anti-Money Laundering: Before a sale can be formally agreed, we are required by HMRC regulations to verify the identity of the seller(s) and buyer(s), and to obtain evidence of funding.

Referral Fees: We may receive a referral fee from third-party service providers, such as conveyancers, mortgage advisers, or surveyors, if you choose to use their services. Where applicable, the identity of the supplier and the typical referral fee or range payable to us will be disclosed to you in writing.

Disclaimer: Andrew Morris Estate Agents Ltd has prepared these particulars with care. We have relied upon the seller(s) for the verification of certain details, which should be confirmed by prospective buyers before any commitment to purchase.
Floorplans and measurements are approximate, not to scale, and provided for guidance only.
Energy Performance Certificate (EPC) ratings, Council Tax bands, and other key information are supplied from official records or the seller’s documentation.
Significant material information – such as tenure, service charges, ground rent, restrictive covenants, and utilities – is included within these particulars in line with current consumer protection regulations.
All parties are advised to carry out their own due diligence before entering into a legal commitment to purchase.