- Handsome Listed Building +
- 4 Separate Apartments +
- All Currently Let +
- Ideal Investment Opportunity +
- Prominent Position +
- AST Agreements in Place +
- Freehold +
- Agents Recommend Viewing +
Flats 1-4, 10-12 Broad Street is a handsome Grade II Listed property which represented a superb investment opportunity. The property is located in the very popular Broad Street area of Leominster, and has 4 individual flats set over 2 floors. All flats are currently occupied and are generating approximately 11% based on the asking price, with the opportunity to further improve rental returns. The property enjoys a prominent position within the popular market town of Leominster, which offers a wide range of facilities to includes, individual shops, cafes, pubs a weekly market in the town square, swimming pool, leisure centre, schools and good road and rail links to Hereford and Worcester and Shrewsbury.
The building is accessed via a door onto Broad Street, giving separate access to 4 apartments. All apartments are let on AST (Assured Shorthold Tenancies) and are regularly reviewed. The flats are laid out with accommodation of Lounge/Kitchen, Separate Bedrooms and Separate Bathrooms. All are in good order throughout and have been continually occupied. Full details of the building along with lease information and annual rental yields are available to serious buyers upon request to the agents.
In summary a fantastic opportunity to acquire a block of character apartments in a desirable area of Leominster, set on Broad Street which is famed as an antique centre, with numerous antique centres and curiosity shops, which ensures good all round occupancy for both the commercial and the residential units. This offers the buyers or potential property investors the ability to achieve a good annual yield, having 4 units contained within one well cared for property.
Directions - The property is located on Broad Street, Leominster.
Services - We understand that all mains services are connected.
Local Authority - Herefordshire Council. Flats individually banded as band A.
EPC - The flats are all rated as Band E (Valid EPC until 2026)