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67-69 The Homend 785 sq ft 100% Let Retail Property Ledbury HR8 1BP £225,000 (£286.62/sq ft) 8.65% Net Initial Yield



Executive Summary
67 The Homend comprises a mixed-use investment property in Ledbury town centre with income generated from a ground floor commercial premises and two self-contained residential flats. The Grade II listed building occupies a prominent position on The Homend and extends to approximately 1,572 sq ft. The commercial accommodation is currently let at a passing rent of £8,840 per annum, with the overall property generating an estimated gross rental income of £19,460 per annum. The asset offers investors an opportunity to acquire a diversified mixed-use holding combining commercial and residential income streams within an established market town. Ledbury benefits from a strong local and tourist economy, a mainline railway station, and convenient access to the M50 motorway. The property is offered freehold, subject to the existing occupational agreements, at a guide price of £225,000, reflecting an attractive income return and potential for future rental growth through active asset management.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
785 sq ft
Costar Property Class
B
Year Built
1650
Price
£225,000
Price per sq ft
£286.62
Yield
8.65%
NOI
£19,460
Occupancy Rate
100%
Number of Floors
1
Frontage
25 ft on The Homend
Amenities
- EPC - C
- Storage Space
- Smoke Detector
1 1
Nearby Major Retailers
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67-69 The Homend
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