A PROMINENT city centre building currently home to Phone Matters and MyDentist, has appeared on the market, offering an investment opportunity in a prime location.

On the market with Sunderlands with a £310,000 asking price (freehold), the building in Hereford's Commercial Street sits only a stone’s throw away from major retailers including Marks & Spencers, Boots, New Look, W H Smith, Lloyds Bank, and O2.

Phone Matters and MyDentist are the current tenants of the property.Phone Matters and MyDentist are the current tenants of the property. (Image: Zoopla / Sunderlands)

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It is solely the building being sold in the form of an investment, with the property currently let out to two tenants, at a rent of £28,250 per annum.

The rack-fitted phone care shop's interiorThe rack-fitted phone care shop's interior (Image: Zoopla / Sunderlands)

The property itself of comprises a four-storey (including the basement), effectively mid-terraced property. The shop is traditionally constructed and comprises a part-rendered, brick-built property under pitched and flat roofs. The property isn’t listed but does sit within a conservation area.

The ground floor is being rented to Phone Matters and has been extensively fitted with racking to suit them. To the rear of the property, there are facilities for staff and storage. The basement is under the front part of the building and is accessible from the shop floor area.

The upper floors have separate access, with the dental surgery occupying the first, second and third floors. This is a self-contained, well-presented dentist premises with the potential, Sunderlands say, for alternative uses such as office, residential conversion subject to obtaining the necessary consents.