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16 St. Peters St 3,965 SF 100% Leased Retail Building Hereford HR1 2LE $639,548 ($161.30/SF) 8.96% Cap Rate
INVESTMENT HIGHLIGHTS
- Total rent roll of £43,000 per annum.
- Next rent review is on 1st November 2026.
- The property is let to Bon Marche.
EXECUTIVE SUMMARY
FREEHOLD INVESTMENT 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
$639,548
Price Per SF
$161.30
Cap Rate
8.96%
NOI
$57,293
Percent Leased
100%
Building Height
2 Stories
Frontage
20’ on St Peters St
AMENITIES
- Signage
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NEARBY MAJOR RETAILERS
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16 St. Peters St
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