Jennison Myrie-Williams is set to return to Edgar Street having made 15 appearances for Hereford United during a loan spell in 2009.
The forward has most recently been playing for National League side Torquay United, and manager Pete Beadle has said the 29-year old is eager to get going.
Speaking to the club website, Beade said: "It's great to have someone of the calibre of Jennison, he's got some great experience behind him at a high level of football. We're delighted to have been able to bring him in."
"Jennison can play anywhere across the front, and gives us another option, he's strong and lean and a great age. His fitness levels are good, but needs to get some matches under his belt.
"I’m sure he will come here and improve our squad, he can't wait to get going."
Myrie-Williams has made over 200 Football League appearances, which include spells at Newport County, Stevenage and Port Vale.
He has also represented England at U18 level, having come through Bristol City's youth set up.