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

Retail 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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FAQs about Retail property for sale in Flaggoners Green

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How many Retail Property listings are available for sale in Flaggoners Green?
There are currently 0 Retail Properties available for sale near Flaggoners Green. These Flaggoners Green Retail 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 Retail Property for sale.
How much does it cost to buy Retail Property in Flaggoners Green?
The average price/SF for Retail Property for sale in Flaggoners Green is about. The cost per sq ft for Retail Property in Flaggoners Green ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Flaggoners Green?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Flaggoners Green?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Flaggoners Green is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

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

With 0 retail units currently available for sale in Flaggoners Green, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Flaggoners Green, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Flaggoners Green, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Flaggoners Green can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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