Freehold Investment | HR9

Hollis Morgan – JUNE LIVE ONLINE AUCTION – A Freehold ADJOINING PAIR OF PERIOD INVESTMENT PROPERTIES ( 5918 Sq Ft ) comprising 6 x FLATS | 2 x RETAIL | 2 X OFFICE | £81,845 income pa

For Sale By Live Online Auction - ADDRESS | 46 - 47 Broad Street, Ross-On-Wye, Herefordshire, HR9 7DY

Lot Number 41

The Live Online Auction is on Wednesday 17th June 2026 @ 12:00 Noon
Registration Deadline is on Friday 12th June 2026 @ 16:00

The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can choose to bid by telephone, proxy or via your computer.
Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”

Pre Auction Offers - On this occasion the vendors will NOT be considering pre auction offers.

Joint Agents - Jackson Preece Surveyors


The Property - An adjoining pair of Freehold period properties occupying a prominent position on the main High Street in popular Ross on Wye. The properties ( 5918 Sq Ft ) comprise 2 retail units on the ground floor, 2 further offices and 6 self contained residential flats.
Please refer to the floor plans and the schedule of accommodation.
Sold subject to existing tenancies.

Tenure - Freehold
Council Tax - A | A | A | A | A | A
EPC Schedule
Flats - 46a: D | 46b: D | 46c: D | 46d: E | 47a: E | 47b: D
Commercial - 46: C | 46 E | F E | 47: B

Schedule Of Income | £81,845 Pa - COMMERCIAL UNITS | £39,725 pa

46 Broad Street - Retail | 5 year lease from July 2022 @ £14,750 pa
46E Broad Street - Office | 3 year lease from September 2023 @ £4,275 pa
46F Broad Street - Office | Vacant - was previously let for £4,700
47 Broad Street - Restaurant | 5 year lease from December 2025 @ £16,000 pa ( Please note - the tenant of 47 Broad Street is in rent arrears. Please refer to the legal pack for more information )

RESIDENTIAL UNITS | £3,510 pcm / £42,120 pa

46 A Broad Street – AST contract | commenced March 2024 @ £560 pcm
46B Broad Street – AST contract | commenced April 2025 @ £525 pcm
46C Broad Street – AST contract | commenced February 2025 @ £625 pcm ( vacant from June 2026 )
46D Broad Street – AST contract | commenced February 2024 @ £550 pcm ( vacant from June 2026 )
47A Broad Street – AST contract| commenced January 2024 @ £625 pcm
47B Broad Street – AST contract | commenced February 2024 @ £625 pcm

The Opportunity - MIXED USE INVESTMENT | UPDATING REQUIRED

The property has scope to produce an income of £81,845 pa
Interested parties will note that updating and maintenance is required to maintain this level of income ( or potentially increase )

Location - Ross-on-Wye is a charming market town situated near the Welsh border, nestled along the banks of the River Wye just north of the Forest of Dean. The town boasts a range of attractions, including historic landmarks such as Wilton Castle, Goodrich Castle, and Eastnor Castle. In addition to these cultural gems, Ross features a collection of galleries and independent craft shops, alongside larger brand stores for diverse shopping experiences.

Solicitors & Completion - Rebecca Tiffin
Thomson & Bancks LLP Solicitors



EXTENDED COMPLETION

Completion is set for 8 weeks or earlier subject to mutual consent.

Important Auction Information - VIEWINGS

Please submit a viewing request online and we will contact you to organise an appointment.
We will send you an email and text to confirm the appointment time and the full property address.
Viewings are supervised by a member of the Hollis Morgan Auction team who will meet you at the property.

MATERIAL INFORMATION

Information including utilities, Electricity supply, Water supply, Sewerage, Heating, Broadband, Mobile signal / coverage, Parking, Building safety, Restrictions and rights, Rights and easements, Flood risk, Erosion risk, Coastal erosion risk, Planning permission for proposal for development, Property accessibility / adaptations, Coalfield or mining area all of which will be supplied within the legal pack that can be accessed for free via the Hollis Morgan website or via your EIG account.

ONLINE LEGAL PACKS

Digital Copies of the Online legal pack can be downloaded Free of Charge.
Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List.
Press the GREEN button to "Download Legal Packs" For the first visit you will be required to register simply with your email and a password.
Having set up your account you can download legal packs or if they are not yet available, they will automatically be sent to you when they are uploaded.
You will be automatically updated by email if any new information is added.
There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when no further information is due to be added.
*** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale.

BUYER’S PREMIUM

Please be aware all purchasers are subject to a £1,500 + VAT (£1,800 inc VAT) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.

GUIDE PRICE

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

RESERVE PRICE

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

REGISTRATION PROCESS

The registration process is extremely simple – visit the Hollis Morgan auction website and click on the “Register to Bid” button.
The “Register to Bid” button can be found on the auction home page or on the individual lot listings.
Please note this function is not available on Rightmove or Zoopla.

Stage 1 – Complete the Online Bidding Form
Stage 2 – Upload your certified ID
Stage 3 – Invitation to bid
Stage 4 – Pay your security deposit (£6,800)

You are now ready to bid – Good luck!

If your bid is successful, the balance of the deposit monies must be transferred to our client account within 24 hours of the auction sale.
If you are unsuccessful at the auction your holding deposit will be returned within 48 hours.

SURVEYS AND VALUATIONS

If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction, please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton.

AUCTION FINANCE & BRIDGING LOANS

Some properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and whole of market rates from our independent brokers.

Hollis Morgan may receive introductory fees for this service from the broker.

AUCTION BUYER’S GUIDE VIDEO

We have short video guides for both buying and selling by Public Auction on the Hollis Morgan Website. If you have any further questions regarding the process, please don’t hesitate to contact Auction HQ.

2026 CHARITY OF THE YEAR

Hollis Morgan are proud to be supporting Bristol Schools Rugby Union as our 2026 Charity of the Year. BSRU ( working in association with Bristol Bears ) oversee and support rugby in all schools, State and Independent , in the Greater Bristol area. Bristol Schools provide School Rugby Development opportunities and County level fixtures for secondary boys and girls. Including playing fixtures at U18s against the leading Independent Schools in our region, schools such as Clifton College, BGS, QEH, Collegiate and Millfield. For more information and details of the fixture list please follow them on Instagram.

AUCTION PROPERTY DETAILS DISCLAIMER

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.