HSBC, Hereford

Valore Real Estate purchased the HSBC High Street bank on behalf private investors for a 6.85% NIY.

The property is prominently situated in a prime retail location, occupying a corner position of the High Street and High Town, within the cathedral city of Hereford. 

The building benefits from a return frontage and provides a banking hall and office accommodation on the first and second floors. It is let in its entirety to HSBC Bank Plc on a 15 year lease from 19th October 2006 (expiring 18th October 2021).

Savills acted on behalf of the vendors, M&G.

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