Characterful freehold building with retail income and a two-bed maisonette..
• Freehold mixed-use building, city-centre King Street location
• Ground floor retail/professional space (approx 60 sq.m)
• Upper two-bedroom maisonette with private rear walled garden
• Total area approx 1,700 sq.ft across three storeys
• Energy ratings: Retail C, Flat D; night storage heating in place
• Solid brick walls assumed uninsulated; insulation/energy works advised
• Very high local crime levels and area deprivation noted
• On-street metered parking only; small plot, maintenance required
A substantial freehold mixed-use building in the heart of Hereford city centre, offered as a single investment. The ground floor provides roughly 60 sq.m (645 sq.ft) of retail/professional space currently in occupation, while the upper floors form a two-bedroom maisonette (approx 98 sq.m / 1,055 sq.ft) with its own entrance and a private rear walled garden. Total overall area near 1,700 sq.ft across three storeys offers clear scope for income generation or owner-occupation with trading space below.
The property sits on King Street close to the Cathedral, banks and independent shops, with good pedestrian footfall and fast broadband/mobile signal. It benefits from energy ratings (Retail: C, Flat: D) and mains services; there is no flooding risk. The layout—ground-floor sales, staff/rear offices, two-bedroom maisonette above—suits a small landlord or occupier-investor seeking central location and flexibility.
Buyers should note material negatives: the building is a pre-1900 solid brick mid-terrace with assumed uninsulated walls, night-storage electric heating, and uncertain glazing installation dates. The surrounding area records very high crime levels and wider local deprivation indicators, which can affect rental values and tenant profiles. On-street metered parking only; plot is small and maintenance/modernisation (heating, insulation, possible electrical upgrades) will be needed to maximise returns.
Overall this is a centrally positioned, characterful investment with immediate rental use and clear upside through targeted refurbishment and energy improvements. Suitable for investors or owner-occupiers willing to manage refurbishment and let risk in a busy city-centre setting.
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