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COMMERCIAL

Gloucester Road, Ross-on-Wye, HR9

£110,000
Northwood, Ross-On-Wye
PROPERTY TYPE

Office

SIZE

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Key features

  • **INVESTOR OPPORTUNITY**
  • Town Centre Location
  • Long Term Tenanted Office
  • Tenant: High Street - Insurance Company
  • Current Rent: £900pcm / £10,800 per year
  • Outstanding Yield: 9.8%
  • Freehold Property

Description

**INVESTOR OPPORTUNITY** Long term tenanted office with well known and established local Insurance Company - RENT: £900pcm or £10,800 per year - GROSS YIELD 9.8% - Well above average for the market - Long Term Lease Signed

Prime Location Commercial property located on one of two main shopping streets in Ross on Wye - high footfall environment. Tenanted by an excellent, very well established local Insurance Brand - Wyedean Insurance - long term lease signed. 

Professional and spacious main office with desk space for multiple employees. Separate "Manager" office and toilet. 

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: 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 Gloucester Road and the property will be found on your right hand side branded "Wyedean Insurance" 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: B. Tenure: Freehold,

Energy Performance Certificates

EPC Certificate

Gloucester Road, Ross-on-Wye, HR9

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ledbury Station11.3 miles

About Northwood, Ross-On-Wye

31 Gloucester Road, Ross-On-Wye, HR9 5LE

Northwood was founded in 1995 in Portsmouth but now has a national network of branches from Aberdeen to Plymouth and from Cardiff to Norwich. We operate a high calibre letting, estate agency and financial services business and we are renowned for our unique Guaranteed Rental Income Scheme that is not an insurance policy. Contact us now!

Notes

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Disclaimer - Property reference P1507. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, Ross-On-Wye. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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