Property for Auction in Wales - [Print Version]

Lot 33: Former Ambulance Station, Bye Street, Ledbury, Herefordshire HR8 2AG

Auction House Wales

Auction House Wales

01633 212555

Your Local Property Auctions Specialist

Auction Date:

Wed 05/02/2025

Start Time

12:00

Property Type:

Commercial

Sold

£220,000

Property Address: Former Ambulance Station, Bye Street, Ledbury, Herefordshire HR8 2AG, HR8 2AG

Offered for sale is this detached former Ambulance Station, being sold as an investment, producing an annual income of £22,000 per annum, on a 20 year lease term from the 19th November 2017 to an operator T/A Domino’s Pizza (please refer to the legal pack for further confirmation). The building benefits from an off road parking area to the front with vehicle access, and a single storey side extension providing pedestrian access. The property is located on the main trading street, within the market town of Ledbury. Similar commercial occupiers are located within proximity, the town also provides an mix of service operators and local amenities. Please note that VAT is payable in addition to the purchase price.

Tenancies

Currently let on a 20 year FRI lease term from the 19th November 2017 at £22,000 per annum. We are advised that there are 5 year break clauses in place (please refer to the legal pack for confirmation).

Viewing

Please contact Auction House Wales for further information.

Tenure

Freehold

Local Authority

Herefordshire County Council

Solicitors

Neves Solicitors LLP, 6-8 Stuart Street, Ref:Neves Solicitors LLP, Tel:01582 725311

Location Map

EPC

Current Energy Efficiency Rating C

Additional Fees

Buyers Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.