INVESTMENT PROPERTY WITH COMMERCIAL AND RESIDENTIAL ACCOMMODATION
GROUND FLOOR - COMMERCIAL LEASE INCOME £17,500 PA
FIRST AND SECOND FLOOR - A SPACIOUS 4 BEDROOMED FLAT REQUIRING REFURBISHMENT
CONVENIENT TOWN CENTRE LOCATION AND HAVING A CAR PARKING SPACE.
CONTACT LEDBURY OFFICE
Location & Description:
The ground floor is occupied by Traditional Breeds Meat Marketing Ltd under a 15 year lease dated 23rd May 2005 and is a butchers trading under the name Llandinabo Farm Shop at a passing rent of £17,500 per annum with the next rent review due May 2014.
Above the shop is a spacious 4 bedroomed flat. The accommodation is arranged over two floors and would benefit from a scheme of refurbishment. It comprises on the first floor a reception hall, cloakroom, fitted kitchen, L-shaped sitting room with dining area and a bathroom . On the second floor a spacious landing gives access to four bedrooms. There is a car parking space located to the rear.
The Homend is situated within Ledbury which has a wide range of local facilities and amenities including shops, schools, churches, restaurants, theatre, doctors surgeries, community hospital and a mainline railway station with direct links to Hereford, Worcester, Birmingham New Street, Oxford, Reading and London Paddington. The cities of Hereford, Worcester and Gloucester are all approximately sixteen miles distant and the M50 motorway is available approximately four miles to the south of the town.
The Flat accommodation comprises (with approximate dimensions):
With an external staircase giving access to the first floor.
With glazed front door. Window to side. Staircase to second floor. Night storage heater.
With built-in airing cupboard containing lagged hot water cylinder.
3.86m (12ft 8in) x 3.23m (10ft 7in)
Fitted with a range of modern units comprising stainless steel sink unit with base unit under. Further base units. Wall mounted cupboards. Work surfaces. Built-in pantry cupboard. Laminate floor. Window to rear.
Sitting Room with Dining Area:
6.32m (20ft 9in) x 5.11m (16ft 9in) max
With two storage heaters. Two sash windows to front.
With panelled bath. Wash hand basin. Wc. Night storage heater.
With access to roof space. Night storage heater.
6.3m (20ft 8in) x 3.17m (10ft 5in) max
With night storage heater. Window to rear.
3.89m (12ft 9in) x 3.2m (10ft 6in) max
With window to rear.
3.2m (10ft 6in) x 3.17m (10ft 5in)
With window to front.
3.2m (10ft 6in) x 3.05m (10ft 0in)
With window to front.
Access to the residential property from the Homend is via a pedestrian passageway to the left hand side of the Cheltenham and Gloucester Building Society. This gives access to an external staircase which leads up to the first floor and the entrance to the flat. There is a parking space to the rear with vehicular access off Bank Crescent.
We have been advised that mains electricity, water and drainage are connected to the property. This information has not been checked with the respective service providers and all interested parties may wish to make their own enquiries with the relevant authorities. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending purchasers are advised to satisfy themselves where necessary.
We understand that the property is to be sold Freehold, subject to the commercial lease on the ground floor.
By appointment to be made through the Agent's Ledbury Office (Tel. 01531 634648).
From the agents Ledbury office turn left at the traffic lights and proceed along the High Street and into the Homend. The passageway giving access to the property will be located on the right hand side immediately after the Cheltenham & Gloucester Building Society.
In order to comply with the Money Laundering Regulations the purchaser will be required to provide:
1. Proof of identity in the form of a photographic ID such as a current passport or UK driving licence.
2 Proof of current residential address, i.e. utility bill or building society or bank statement,
credit card bill, etc issued within the previous three months
Without prejudice to the generality of the foregoing, John Goodwin FRICS has made every effort to ensure that the information contained within these property particulars is accurate, however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to their correctness.
No information with regard to planning use, structural integrity, tenure, availability/operation, Business Rates, services or appliances has been formally verified, therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property, or entering into any contract.
First Floor Plan:
Not to scale
Second Floor Plan