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Old Market Newmarket St 642 - 1,692 sq ft of Retail Space Available in Hereford HR4 9HR

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Highlights

  • Heavy daytime foot traffic
  • Excellent transport links
  • Prominent town centre location

Space Availability (2)

Display Rent as

  • Space
  • Size
  • Term
  • Rate
  • Type
  • Ground, Ste 18
  • 1,050 sq ft
  • 5-10 Years
  • £47.62 /sq ft pa £3.97 /sq ft pcm £50,000 pa £4,167 pcm
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Full Fit-Out
Availability
Now

The premises are available on new effectively full repairing and insuring lease for a term of years to be agreed.

  • Use Class: E
  • Located in-line with other retail
  • Energy Performance Rating - B
  • Lots of natural light
  • Open plan sales area
  • Large display windows
  • Ground, Ste Kiosk 1-2
  • 642 sq ft
  • 5-10 Years
  • £35.05 /sq ft pa £2.92 /sq ft pcm £22,500 pa £1,875 pcm
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Full Fit-Out
Availability
Now

The premises are available subject to vacant possession on new effectively full repairing and insuring lease for a term of years to be agreed.

  • Use Class: E
  • Located in-line with other retail
  • Central Air Conditioning
  • Lots of natural light
  • Open plan sales area
  • Large display windows
Space Size Term Rate Type
Ground, Ste 18 1,050 sq ft 5-10 Years £47.62 /sq ft pa £3.97 /sq ft pcm £50,000 pa £4,167 pcm Fully Repairing & Insuring
Ground, Ste Kiosk 1-2 642 sq ft 5-10 Years £35.05 /sq ft pa £2.92 /sq ft pcm £22,500 pa £1,875 pcm Fully Repairing & Insuring

Ground, Ste 18

Size
1,050 sq ft
Term
5-10 Years
Rate
£47.62 /sq ft pa £3.97 /sq ft pcm £50,000 pa £4,167 pcm
Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Full Fit-Out
Availability
Now

The premises are available on new effectively full repairing and insuring lease for a term of years to be agreed.

  • Use Class: E
  • Located in-line with other retail
  • Energy Performance Rating - B
  • Lots of natural light
  • Open plan sales area
  • Large display windows

Ground, Ste Kiosk 1-2

Size
642 sq ft
Term
5-10 Years
Rate
£35.05 /sq ft pa £2.92 /sq ft pcm £22,500 pa £1,875 pcm
Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Full Fit-Out
Availability
Now

The premises are available subject to vacant possession on new effectively full repairing and insuring lease for a term of years to be agreed.

  • Use Class: E
  • Located in-line with other retail
  • Central Air Conditioning
  • Lots of natural light
  • Open plan sales area
  • Large display windows

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

Property Facts

Total Space Available 1,692 sq ft
Property Type Retail
Property Subtype Shopfront
Net Internal Area (NIA) 315,000 sq ft
Total Land Area 8.03 ac
Year Built 2013
Parking Allocation 3.33/1,000 sq ft

About the Property

Open air Local shopping centre in the middle of Hereford City centre. Old Market, Hereford was developed on the site of Hereford City Centre's old cattle market. The scheme comprises over 30 retail and leisure units and is fully let, with anchor tenants including Debenhams, who occupy an 85,000 sq ft store. The strong occupier line-up includes H&M, Next, Fat Face, Pandora, Outfit, Jack Wills, Joules and L'Occitane as well as Waitrose. Leisure accounts for over 20% of the scheme by area, including a six-screen Odeon cinema, and restaurant operators Chimichanga, Wagamama, Nando's, Prezzo, Zizzi and Costa. Old Market has a catchment of nearly 400,000 and an annual footfall of 6.5 million and was the first major retail development in Hereford for 25 years. It has brought over 1,000 jobs to the area, and increased Hereford's shopper population by around 155,000, boosting the local economy by some £100 million. Old Market complements the city centre's beautiful and historic architecture. Open-air streets and squares make it a pleasant place to spend time, with widened streets and better pedestrian links connecting Old Market to the historic city centre. It benefits from a 1,000 space car park.

  • EPC - B
  • Storage Space

Nearby Major Retailers

Anytime Fitness
Coffee #1
Costa Coffee
Waitrose & Partners
Santander
eurochange
Lloyds Bank
Cosy Club
Zizzi
Miller & Carter
  • Listing ID: 13157948

  • Date on Market: 26/10/2023

  • Last Updated:

  • Address: Newmarket St, Hereford HR4 9HR

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