HEREFORD-SHOEZONE
12/13 High Town, Hereford, HR1 2AA
Prime Well Secured Freehold Retail Investment
Shoezone
The property has the following key attributes that we would like to draw to your attention:
- Hereford is a busy and dominant cathedral city
- Arguably a 100% prime retail location
- Well secured to a strong retail covenant
- Recently rebased low rent
Our clients have instructed us to seek offers in excess of £685,000 (Six Hundred and Eighty Five Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of approximately 9% assuming standard purchaser’s costs.
