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More details for College, Hereford - Industrial for Sale

Holmer Trading Estate - College

Hereford, HR1 1JS

Industrial for Sale
£2,000,000
36,400 sq ft

Energy Performance: B
Energy Performance: C

Hereford Industrial for Sale

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).