Lot 43 - 37 Church Street, Kington, Herefordshire, HR5 3BE

  • Unconditional Online Auction Sale
  • Guide Price* : £19,000+
  • Bedrooms: 0

Lot 43 - Retail Unit with Tenant in Situ



A ground floor retail unit with basement. Currently tenanted by local artist Kathryn Moore who has been in situ for approximately 4.5 years. The property is achieving a rental income of £200 per month and has recently had a tenancy renewal for a further three years.

Situated in the traditional market town of Kington on the border between Wales and England this property is ideally located at the midpoint of the Offa’s Dyke National Trail. Due to its quaint nature, the area is a popular holiday and day trip destination.

The town currently has a population in the region of 3,300 and offers an array of facilities with a modern medical centre, large primary and secondary school, choice of shops, supermarket, leisure facilities and much more. The site also lies close to two main arterial routes, the A4111 to Hereford and A44 to Leominster and mid-Wales.

The property benefits from electric and water (not tested).

We have been advised that no VAT is due on the sale of this property.

Lease Start Date


Lease Duration

125 years (110 years unexpired)


Floor Area Sq Ft Area Sq M
Ground Floor 351.54 32.66
Lower Ground Floor/Basement 351.54 32.66


Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Kat and Fiddle Studio Internal Repairing and Insuring November 23 – November 24 3 years £200 pcm


Advised Leasehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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