October 2021: Tuesday 05 October 2021 - 9:00am
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    Key features

    • Approved planning permission to retain the ground floor retail space and convert the upper floors into 3 x one bedroom flats.
    • Located on a prime pitch on Eign Gate in the Centre of Hereford.
    • Ground floor retail unit - Use Class E : This offers the purchaser to allow multiple business uses to trade from the Unit.
    • Access to the premise from both Eign Gate and Bewell Street (at the rear of the property)

    Description

    The mid terrace property forming part of busy High street parade. The property is arranged as a Ground floor retail unit with associated storage, staff and WC facilities located on the 1st and 2nd floor.

    The property can be accessed from the front via Eign Gate and via the rear on Bewell Street.

    The property has planning permission to convert the 1st and 2nd floor along with adding an additional 1st floor rear extension to build 3 x one bed self contained flats.

    Nearby occupiers include Café Nero, Iceland, Superdrug, British Heart Foundation as well a range of local independent retailers.

    Proposed Development

    Ground floor

    • Retail space 1,570 sq ft

    First Floor

    • Flat 1 - 403 sq ft
    • Flat 2 - 446 sq ft

    Second Floor

    • Flat 3 - 445 sq ft

    Additional information

    Tenure

    Freehold

    Accommodation

    The premises comprise the following approximate areas:


    Ground Floor - Retail Area, Back Store Entrance - 1,627 sq ft (151.20 sq m)

    First Floor - Storage, Kitchen, WC - 776 sq ft (72.13 sq m)

    Second Floor - Storage Area - 815 sq ft (75.77 sq m)


    Total - 3,218 sq ft (299.10 sq m)

    Planning

    Herefordshire Council

    Approved: 19 July 2021

    Planning reference: P210281/F

    Proposal: The conversion of the upper floors of the existing building to form two flats and the extension of the building at first floor level to form a third flat, all with access from Bewell Street 

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located on the North Side of Egin Gate and within close proximity of junction with High Street

      Hereford is Cathedral City and is the County Town of Herefordshire. The Town its self has a market feel and has a bustling city centre which is supported by the retail and produce markets held regularly at the High Town (Town Centre)

      Hereford station is located approximately 0.8 miles from the property

      Transport

      Hereford Station - Great Western Rail services to Birmingham, Manchester, Carmarthen and Holyhead

      Legal documents

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      EPC rating

      The EPC rating for this property is D

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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