The property comprises a four-storey retail premises, arranged over ground, first, second and third floors, occupying a prominent position on High Street. The ground floor provides the principal retail sales area, with the upper floors providing additional ancilliary accommodation space. The property is currently occupied by Eurochange, which operates from the premises as a currency exchange business. The property is being offered for sale on a freehold investment basis, subject to the existing occupational arrangements.
The property is prominently situated on High Street, within the principal retailing area of Hereford city centre. The location benefits from strong pedestrian footfall and is occupied by a mixture of well-known national retailers and established independent businesses.
Marks & Spencer is situated immediately adjacent to the property, with other notable occupiers within the surrounding area including a range of national retailers, cafés, restaurants, financial institutions and other established commercial occupiers.
From measurements taken on site we have calculated the following approximate floor areas:-
Ground Floor Sales 284 sq ft (26.39 sq m)
First Floor Sales 261 sq ft (24.25 sq m)
Second Floor Sales 285 sq ft (26.49 sq m)
Third Floor Sales 310 sq ft (28.77 sq m)
Total Net Internal Area - 1,140 sq ft (105.90 sq m)
MONEY LAUNDERING
As part of our obligations under the UK Money Laundering Regulations 2017, Brinsons will require any purchaser or tenant to provide proof of identity along with any other supporting documents requested.
SERVICES
We understand that the property benefits from mains electric, water and drainage.
However, we have not tested any of the service installations and prospective occupiers must satisfy themselves independently as to the state and condition of such items prior to the transaction completing.
We have made online enquiries of the Valuation Office who confirm the following Rateable Value:
Rateable Value: £14,000
Uniform Business Rate 2026/27: 0.502
Gross Rates Payable: £7,028
We advise all interested parties should make their own enquires with the Valuation Office Agency and Local Authority in this regard.
The property is available for sale on terms to be agreed.
TENANCY
The property is currently occupied by Eurochange Limited.
The property is let to Eurochange Limited for a term of 5 years commencing on 29th January 2026, at an annual rent of £17,000 per annum.
Further details available on request.
All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction.
Please contact our Caerphilly Office on 02920 867711 if you wish to arrange a viewing appointment for this property or require further information.
Brinsons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
