Hereford Syndicate
About this property
A Grade II listed building at 20 Broad Street, with a prominent frontage on the edge of Hereford city centre. Broad Street is an attractive historic street with a blend of architectural styles and uses, including restaurants, a hotel, retailers, solicitors and banks, and it runs alongside Hereford Cathedral and its grounds and Hereford Cathedral School. The building is of stone construction with brick extensions to the rear under pitched slate roofs. It was formerly a post office and was converted to its present form in 2004.
The syndicate's interest is the basement and ground floor, which together extend to approximately 4,697 sq ft. The accommodation is laid out for restaurant use, with three open plan dining areas, an open viewing kitchen, stores and a staff room at ground floor level and storage in the basement, and the rear door opens into the Cathedral grounds. The property is vacant and is being marketed.
This syndicate is closed to new investment.
At a glance
- Type
- Leisure
- Address
- 20 Broad Street, Hereford, HR4 9AP
- Initial yield
- 6.25%
- Syndicated
Initial yield is the net initial yield at the date that building was syndicated. It is a historic figure for that date and is not an indication of the income or the return available now or in future. Past performance is not a reliable indicator of future results.
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