Broad Street, Ross-on-Wye, HR9

 **OUTSTANDING INVESTOR OPPORTUNITY** A rarely available, share of freehold stylish three storey glass fronted retail/ office space positioned at the very centre of the main shopping route (Broad Street) enjoying high footfall and close to Ross on Wye's main attractions - EPC: TBC, Business Rates £600pa - Share of Freehold Current Rent £600pcm  - Market Rent: £750pcm

Entrance off Broad Street into Ground Floor Shopping Office Space - Payment Counter to Rear - Stairs to First Floor - Washroom/ Storage - Retail/ Display/ Office Space with Floor to Ceiling Glass Frontage - Stairs to Second Floor - Retail/ Display/ Office Space with Floor to Ceiling Glass Frontage

Description

Stylish Three-Storey Freehold Retail & Office Investment – Central Ross-on-Wye

A rare opportunity to acquire a share of the freehold interest in this stylish three-storey, glass-fronted commercial property, prominently positioned on Broad Street in the very heart of Ross-on-Wye.

Occupying an excellent position on one of the town’s principal shopping routes, the property benefits from strong pedestrian footfall and is within easy reach of the town’s main attractions, amenities and businesses. The entrance is directly from Broad Street, providing excellent visibility and accessibility.

The accommodation is arranged over three floors, offering flexible retail, office, display or professional use, subject to any necessary consents.

The ground floor provides an attractive retail area with a payment counter to the rear and stairs leading to the upper floors.

The first floor provides further flexible retail, display or office accommodation, together with a washroom and storage area. The floor benefits from a striking floor-to-ceiling glazed frontage, providing excellent natural light and visibility.

The second floor offers further versatile retail, display or office space, again benefiting from a floor-to-ceiling glazed frontage and excellent natural light.

The property is currently producing a rental income of £600 per calendar month, although the current rent is considered to offer scope for improvement, with a more reasonable market rental in the region of £750 per calendar month, subject to market conditions and the terms of any new or renewed tenancy.

An additional attraction for purchasers is that no VAT is payable on the purchase price

The property would make an attractive investment opportunity for an investor seeking a centrally located commercial freehold interest with potential for rental growth, or for an owner-occupier looking for a highly visible premises in the centre of Ross-on-Wye.

Key Features:

• Central Broad Street location
• Prominent glass-fronted commercial premises
• Three-storey accommodation
• Flexible retail, office or display use
• Excellent pedestrian footfall
• Ground floor entrance directly from Broad Street
• Washroom and storage facilities
• Potential market rent of approximately £750 pcm
• Share of freehold interest
• Attractive investment or owner-occupier opportunity

Rates payable are a proportion of the rateable value. Currently, no rates payable if this property will be your only business premises.

There is no VAT payable on the property.

Services: Mains water, electricity and drainage.

Water Rates: Welsh Water - to be confirmed.

Local Authority: Business rates - £600 per annum approximately, which includes small business rate relief. Please contact Herefordshire Council, Plough Lane, Hereford, HR4 0LE.

We believe the shop is currently for Class E. This will need to be confirmed with the local planning authority.

Tenure: Share of Freehold.

Viewing: Strictly through the Owners Selling Agent, Northwood, who will be escort interested applicants to view if required. Office Opening Hours 09.00am - 17.00pm Monday to Friday.

Directions: From the Market Place, proceed along Broad Street and the property will be found on your right hand side (next to The Ross Gazette and Vodafone) with the brand "SuzyC" displayed. 

SELLING? WE OFFER FREE MARKET APPRAISALS OR SALES ADVICE MEETINGS WITHOUT OBLIGATION. CONTACT NORTHWOOD ON TO FIND OUT HOW OUR AWARD-WINNING SERVICE CAN GUIDE YOU ON THE BEST WAY TO SELL YOUR PROPERTY.

We give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor.

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request.

 

EPC rating: E. Tenure: Share of freehold,