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16 St. Peters St

3,965 SF 100% Leased Retail Building Hereford HR1 2LE $853,466 CAD ($215 CAD/SF) 8.96% Cap Rate

Investment Highlights

  • The property comprises a terraced building within the Hereford Central Conservation Area
  • Approximately 16 miles east of the border with Wales and 23 miles north-west of Gloucester.
  • The premises is also a short walking distance from Hereford Cathedral

Executive Summary

The property comprises a terraced building within the Hereford Central Conservation Area. It is arranged over ground and first floors.
The ground floor offers open plan retail accommodation with ancillary storage and office space on the first floor. W/Cs and kitchen facilities are also located on the first floor.
Bon Marche have recently renewed their lease and report strong trading history from 16 St Peters Street.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,965 SF
Building Class
B
Year Built
1987
Price
$853,466 CAD
Price Per SF
$215 CAD
Cap Rate
8.96%
NOI
$76,456 CAD
Percent Leased
100%
Building Height
2 Stories
Frontage
20 ft on St Peters St

Amenities

  • Signage

Nearby Major Retailers

eurochange
Coffee #1
Lloyds Bank
Cosy Club
Waitrose & Partners
Costa Coffee
Nando's
Wildwood
Zizzi
Wagamama
  • Listing ID: 33753806

  • Date on Market: 2024-11-05

  • Last Updated:

  • Address: 16 St. Peters St, Hereford HR1 2LE

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