Commercial Property in HR1 available for sale
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Commercial Properties for Sale near HR1, Hereford

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Commercial Properties for Sale Within 5 miles of the HR1, Hereford

More details for 18 King St, Hereford - Retail for Sale

18 King St

Hereford, HR4 9BX

  • Retail for Sale
  • £325,000
  • 1,010 sq ft

Hereford Retail for Sale

<p>18 KING STREET HEREFORD, HR4 9BX</p><br /><p>INVESTMENT PROPERTY FOR SALE</p><br /><p>GUIDE PRICE £325,000</p><br /><p> </p><br /><p>SUMMARY OF ACCOMMODATION</p><br /><p>Ground Floor 60 sq.m (645 sq.ft)</p><br /><p>Upper Floors 98 sq.ft (1055 sq.ft)</p><br /><p> </p><br /><p>LOCATION</p><br /><p>The property is situated on the northern side of King Street, in the City of Hereford, close to the junction with Bridge Street and St. Nicholas Street which leads to A49 which traverses the River Wye Bridge and leads to other main roads namely the A465 & A483.</p><br /><p> </p><br /><p>SITUATION</p><br /><p>King Street is within the city centre of Hereford, a short walk of the Hereford Cathedral close, and a Broad Street where there are several banks and independent retailers, a chemist and The Green Dragon Hotel. Nearby there is on-street metered car-parking. Aubrey Street is parallel to Broad Street where there is access to independent restaurants and there are several public houses within a few minutes’ walk.</p><br /><p> </p><br /><p>DESCRIPTION</p><br /><p>A prominent three storey building within a convenient central location with ground floor professional services tenancy to an established Estate Agent and upper floors once used as office accommodation, which are currently used as living accommodation with a good sized rear walled garden.</p><br /><p> </p><br /><p>GROUND FLOOR ACCOMMODATION SUMMARY</p><br /><p> </p><br /><p>Ground Floor Retail Sales 35 sq.m (380 sq.ft)</p><br /><p>Staff Room 10.2 sq.m (110 sq.ft)</p><br /><p>Rear Office 10.7 sq.m (115 sq.ft)</p><br /><p>WC 2.9 sq.m (31 sq.ft) 60 sq.m (645 sq.ft)</p><br /><p> </p><br /><p>COMMUNAL HALL 6’6” x 3’3” (2m x 1.1m)</p><br /><p>Panelled from door, close carpeted with door into ground floor office and fire door into lobby.</p><br /><p>Fire alarm panel.</p><br /><p> </p><br /><p>ESTATE AGENCY OFFICE 12’2” x 14’8” + 14’8” x 10’5” (3.7m x 4.5m + 4.5m x 3.2m)</p><br /><p>Open plan office with display window to King Street with timber lattice bars, carpeted room with archway. Maximum office length 30’2” (9.2m).</p><br /><p> </p><br /><p>REAR OFFICE LOBBY 7’2” x 12’5” (2.2m x 3.8m)</p><br /><p>Close carpeted, wall mounted Telecoms for internet. Radiator and fire door into rear lobby.</p><br /><p> </p><br /><p>REAR OFFICE 14’5” x 7’6” (4.4m x 2.3m)</p><br /><p>Carpeted room with dual aspect, two UPVC windows and built-in sideboard with cupboards and LED ceiling lights. Windows have security bars.</p><br /><p> </p><br /><p>GROUND FLOOR REAR LOBBY 7’6” x 3’3” (2.3m x 1.1m)</p><br /><p>Part glazed door to rear garden, central light.</p><br /><p> </p><br /><p>REAR WALLED GARDEN 60’ x 14’5” widening to 16’4” (18.4m x 4.4m widening to 5m)</p><br /><p>Step up to raised rear garden with course aggregate landscaping with brick boundary walls and part with concrete posts and timber larch-lap fencing.</p><br /><p> </p><br /><p>INNER HALL 8’2” x 3’3” (2.5m x 1m)</p><br /><p> </p><br /><p>STAIRCASE HALL 15’ x 5’5” (4.6m x 1.7m)</p><br /><p>Night storage heater, staircase with timber newel post and open spindle balustrading.</p><br /><p>Boxed in electrics with Smart Meters. Under-stairs cupboard.</p><br /><p> </p><br /><p>HALF LANDING 2’9” x 6’9” (0.9m x 2.1m)</p><br /><p>Cupboard with water heater, stainless steel sink and cold tap. Metal framed obscure window.</p><br /><p> </p><br /><p>FIRST FLOOR WC 6’9” x 4’4” (2.1m x 1.35m)</p><br /><p>Night storage heater, low level WC, wash hand basin, electric water heater. Obscure glazed metal framed windows x 2 and central light.</p><br /><p> </p><br /><p><strong>FRONT DOOR TO TWO BEDROOM MAISONETTE (FORMER OFFICES)</strong></p><br /><p> </p><br /><p>LOBBY 5’9” x 2’6” (1.8m x 0.8m)</p><br /><p>Front Fire Door opens into a lobby with a short flight of stairs.</p><br /><p> </p><br /><p>LANDING 8’2” x 5’5” (2.5m x 1.7m)</p><br /><p> </p><br /><p>SITTING ROOM 16’4” x 15’4” (5m max x 4.7m)</p><br /><p>With built in wall shelves and low cupboards either side of a large fireplace with timber surround and stone hearth. Three UPVC windows with lattice uppers. High level skirting board and high ceiling with two wall spot lights. Night storage heater.</p><br /><p> </p><br /><p>BEDROOM 2 14’1” x 10’5” (4.3m x 3.2m)</p><br /><p>Used as a music room with close carpeting, UPVC window, pendant light and door into:</p><br /><p> </p><br /><p>CUPBOARD 3’3” x 7’2” (1m x 2.2m)</p><br /><p>With fitted timber shelves, a metal framed window with tiled window board.</p><br /><p> </p><br /><p><strong>STAIRS TO SECOND FLOOR</strong></p><br /><p> </p><br /><p>HALF LANDING 2’9” x 5’5” (0.9m x 1.7m)</p><br /><p>Staircase with close carpeting.</p><br /><p> </p><br /><p>BATHROOM 7’9” x 6’9” (2.4m x 2.1m)</p><br /><p>UPVC window, linoleum flooring, bath with electric shower and shower curtain, pedestal wash hand basin with tiled splash back, light and shaver point. Low level WC, pendant light. Electric wall heater and cupboard with insulated hot water storage tank and shelves.</p><br /><p> </p><br /><p><strong> </strong></p><br /><p><strong>STAIRS FROM HALF LANDING TO:</strong></p><br /><p> </p><br /><p>SECOND FLOOR LANDING 5’5” x 4’2” (1.7m x 1.3m)</p><br /><p>Coat hanging space, pendant light and door to attic room.</p><br /><p> </p><br /><p>KITCHEN / DINING ROOM 10’5” x 14’10” (3.2m x 4.3m)</p><br /><p>Night storage heater, corner built-in cabinets with built in stainless steel sink with draining board and mixer taps. UPVC window and electric four ring hob inset into work-surfacing. Electric oven Part linoleum flooring, meets carpeted dining area. Pendant light. Plumbing for washing machine. Double power socket.</p><br /><p> </p><br /><p>STORE CUPBOARD 7’2” x 3’3” (2.2m x 1m)</p><br /><p>Double power socket, fitted shelves, pendant light and timber casement window.</p><br /><p> </p><br /><p>DOUBLE BEDROOM 14’8” x 15’ (4.5m x 4.6m)</p><br /><p>Night storage heater, pendant light, two fitted wardrobes with shelves or clothes rails. TV aerial socket and double power point.</p><br /><p> </p><br /><p>DOOR TO ATTIC ROOM</p><br /><p>Wood stairs to half landing with exposed flooring and exposed ceiling beams. Water storage tank with cover, close boarded walls and timber casement window. Sloping roof on either side of area 4.8m long.</p><br /><p> </p><br /><p><strong>ENERGY PERFORMANCE CERTIFICATE</strong></p><br /><p> </p><br /><p>RETAIL/FINANCIAL/PROFESSIONAL SERVICES</p><br /><p>60 sq.m (645 sq.ft) Energy Rating C</p><br /><p>CERTIFICATE REFERENCE NUMBER:[use Contact Agent Button]-2446-5458</p><br /><p> </p><br /><p>FLAT AT 18 KING STREET, HEREFORD, HR4 9BX</p><br /><p>98 SQ.M (1055 SQ.FT) ENERGY RATING: D</p><br /><p>CERTIFICATE REFERENCE NUMBER:[use Contact Agent Button]-2200-2205</p><br /><p> </p><br /><p><strong>BUSINESS RATES</strong></p><br /><p>1st April 2023 Rateable Value £10,250 consisting of 60 sq.m (645 sq.ft).</p><br /><p> </p><br /><p><strong>PLANNING</strong></p><br /><p>The property is within Use Class E.</p><br /><p> </p><br /><p><strong>SERVICES</strong></p><br /><p>Mains water and drainage, mains electricity. Heating is via night storage heaters and hot water via off-peak immersion.</p>

Contact:

Arkwright Owens Chartered Surveyors

Property Subtype:

Shopfront

Date on Market:

13/03/2025
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LoopNet UK Herefordshire Hereford Commercial Properties For Sale in HR1, Hereford, UK

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FAQs About Commercial Property For Sale in HR1

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How many commercial properties are currently available for sale in HR1?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in HR1?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

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