Commercial Property in Flaggoners Green available for sale
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Commercial Property for Sale near the Flaggoners Green, Bromyard

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Commercial Properties for Sale Within 5 miles of the Flaggoners Green, Bromyard

More details for 2 Hatton Park, Bromyard - Retail for Sale

2 Hatton Park

Bromyard, HR7 4EY

  • Retail for Sale
  • £475,000
  • 3,232 sq ft

Bromyard Retail for Sale

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. Site size 0.23 Acres the 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 Worcester. Bromyard is a very small rural market town with a population of around 5,000 people. Hatton Park is a residential no-through road, perpendicular to the southern side of West Hill (A44) which runs in a west-to-east direction. The property is situated at the most northern aspect of Hatton Park, fronting the busy West Hill (A44). This stretch of the A44 is just east of the junction with Panniers Lane (B4214) which subsequently adjoins the A465 to Hereford. Bromyard town centre has a modern Co-Op Store and a small shopping centre. There are two vehicle access points from West Hill (A44) at the north-western and north- eastern corners of the property's plot. The building itself is set back and there is space for approximately 10 vehicles to the front. There are no other retail or commercial units within the immediate locality except that there is a Dental surgery immediately to the East. 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. The property benefits from mains gas, electric, water and drainage. 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%.

Contact:

Graham & Sibbald

Property Subtype:

Shopfront

Date on Market:

31/01/2024
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LoopNet UK Herefordshire Bromyard Commercial Properties For Sale in Flaggoners Green, Bromyard, UK

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FAQs about Commercial Properties For Sale in Flaggoners Green

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How many Commercial Property listings are available for sale in Flaggoners Green?
There are currently 0 Commercial Properties available for sale near Flaggoners Green. These Flaggoners Green Commercial Property listings have an average size of. The largest available listing in Flaggoners Green is. The thriving commercial centre and excellent transport links in Flaggoners Green make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Flaggoners Green?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Flaggoners Green currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Flaggoners Green?
There is a diverse range of commercial properties available in Flaggoners Green to suit various business needs. Flaggoners Green offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Flaggoners Green commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Flaggoners Green, Bromyard

Market Overview for Commercial Properties in Flaggoners Green

Key information for Commercial Properties investors in Flaggoners Green and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Bromyard £110 3,232 sq ft
Ross On Wye £174 6,359 sq ft
Tenbury Wells £93 3,134 sq ft
Malvern £161 1,793 sq ft

Rental Price Trends in Flaggoners Green

The price per square foot range for Commercial Properties in Flaggoners Green and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Bromyard £110 £110 £110
Ross On Wye £47 £174 £262
Tenbury Wells £18 £93 £169
Malvern £80 £161 £364

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Flaggoners Green area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Bromyard 3,232 sq ft 3,232 sq ft 3,232 sq ft
Ross On Wye 491 sq ft 6,359 sq ft 31,420 sq ft
Tenbury Wells 758 sq ft 3,134 sq ft 12,281 sq ft
Malvern 371 sq ft 1,793 sq ft 4,168 sq ft
South Kirkby 15,000 sq ft 15,000 sq ft 15,000 sq ft

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