Sugar

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Property Details

Overview

Located on the popular speciality pedestrianised shopping street close to Hereford Cathedral and linked the High Town. Church Street is the main thoroughfare for people walking from the High Town area and Cathedral Close and the business area of the City

Description: The property is part of a Period Building (early 19th Century) forming a terrace.
A grade 2 listed property

Accommodation: The property has been measured on a net internal basis as follows:

The Valuation Office Agency website indicates that on the ground floor:
Ground floor: Zone A 17.5 m2
Ground floor: Zone B 13 m2
Kitchen: 7m2
First floor (Retail and Office) 27.8 m2
Cellar are is recorded by voa as 25 m2 plus staff facilities

Terms: New lease terms available. Repairing and Insuring.
Permitted use: Tba currently Class 1 with restrictions.

Annual Rent: £20,000 pa. Payable quarterly

VAT: N/a

Business Rates:
The 2017 Rating List shows the premises as a Shop with a
Rateable Value of £12,500.
Certain tenants may qualify for Small Business rate Relief.
(Information: The current tenant is paying about £90.00 per month)

EPC Rate band D (100)

Notes: The current tenant is looking to assign the balance of a lease expiring in 2026.


Important notice


Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

For further outline details please contact
Peter Newman, Arena Lettings, 17 King Street, Hereford. HR4 9BX Prepared 20 July 2018.

Property Search

Fees Apply

before you move in:

First Tenant Application fee£175.00 (inc VAT)

Referencing(identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability). Processing the application, Associated paperwork and referencing

Additional Tenant Application fee£75.00 (inc VAT)

Referencing(identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability). Processing the application, Associated paperwork and referencing

Guarantor Fee£60.00 (inc VAT) per guarantor (if required)

Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement

Permitted Occupier Fee £60.00 (inc VAT) per permitted occupier

Explaining to any permitted ocupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy

Accompanied Check-in Fee£30.00 (inc VAT)

Preparing an inventory and schedule of condition of the property, explaining how appliances function and taking meter readings for utilities and services. Pre-payment required.

Tenancy Agreement Amendment Fee£60.00 (inc VAT)

If you want to change the start date or any other change requested by the tenant after the documents have been prepared.

Pet DepositReturnable additional Security Deposit of £250.00 (inc VAT)

To cover the added risk of property damage. This will be protected with your security deposit in a Government-authorised schema and may be returned at the end of the tenancy

all above fees are non-refundable unless the landlord withdraws the property/tenancy offer.

during your tenancy:

Amendment Fee£195.00 (inc VAT)

Contract negotiation, amending terms and updating your tenancy agreement during your tenancy

ending your tenancy

Accompanied Check-Out Fee(tenant's share)£30.00 (inc VAT)

Attending the property to undertake an updated Schedule of condition based on the original inventory and negotiating the repayment of the security deposit(s).Pre-payment required.

Future Landlord Reference Fee£10.00 (inc VAT) per reference request

Collating information and preparing a reference for a future landlord or letting agent. Pre-payment required

other fees and charges

Lost Security Items£50.00 (inc VAT) plus item cost

Obtaining necessary permissions,sourcing providers and travel cost

Out of Hours Services£50.00 per hour(inc VAT) plus any actual costs incurred

Where actions of the tenants result in the agent(or nominated contractor) attending the property,time to remedy the situation is charged at the hourly rate

Unpaid Rent/Returned Payments£12.00(inc VAT) will be charged for each late rent letter or email issued.

if you have any questions on our fees,please ask a member of staff

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