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Holmer Trading Estate College 36,400 sq ft 100% Let Industrial Property Hereford HR1 1JS £2,000,000 (£54.95/sq ft) 3.06% Net Initial Yield
Investment Highlights
- Located within an established industrial estate, approximately one mile from Hereford city center.
- Excellent transport connectivity via A40 and A4103, with nearby residential developments.
- Freehold tenure with redevelopment potential subject to statutory consents.
- Offers modern steel portal frame units with secure yard and parking facilities.
- Current passing rent of £65,000 per annum with significant reversionary potential to £204,000 per annum.
Executive Summary
Holmer Trading Estate offers an outstanding multi-let industrial investment opportunity in a well-established commercial location just one mile north of Hereford city center. The property spans approximately 36,400 sq ft over three main units and sits on a substantial 1.972-acre site, providing excellent security and accessibility. The estate includes modern steel portal frame units and a securely fenced yard, offering a balanced mix of warehousing, workshops, mezzanine offices, and storage.
Two of the three units are currently let to reputable tenants—Taste for Adventure (Boulder Barn) and Hereford Contract Canning Ltd—producing a combined passing rent of £65,000 per annum, with potential for reversionary uplift to £204,000 per annum once the vacant unit and yard are occupied. This represents a compelling net initial yield of 3.06% and an estimated reversionary yield of 9.60%, underpinning strong investment fundamentals.
Strategically positioned with easy access to the A40 (Leominster Road) and A4103 (Worcester Road), the property also benefits from proximity to residential developments, providing scope for future redevelopment (subject to consents).
Two of the three units are currently let to reputable tenants—Taste for Adventure (Boulder Barn) and Hereford Contract Canning Ltd—producing a combined passing rent of £65,000 per annum, with potential for reversionary uplift to £204,000 per annum once the vacant unit and yard are occupied. This represents a compelling net initial yield of 3.06% and an estimated reversionary yield of 9.60%, underpinning strong investment fundamentals.
Strategically positioned with easy access to the A40 (Leominster Road) and A4103 (Worcester Road), the property also benefits from proximity to residential developments, providing scope for future redevelopment (subject to consents).
Property Facts
| Price | £2,000,000 | Costar Property Class | C |
| Price per sq ft | £54.95 | Total Plot Size | 2.00 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 36,400 sq ft |
| Yield | 3.06% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 1970 |
| Property Type | Industrial | Parking Allocation | 0.45/1,000 sq ft |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 5 |
| Price | £2,000,000 |
| Price per sq ft | £54.95 |
| Sale Type | Investment |
| Yield | 3.06% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 2.00 ac |
| Net Internal Area (NIA) | 36,400 sq ft |
| No. Floors | 1 |
| Year Built | 1970 |
| Parking Allocation | 0.45/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 5 |
Amenities
- Courtyard
- Mezzanine
- Skylights
- Accent Lighting
- EPC - B
- EPC - C
- Roller Shutters
- Storage Space
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