Gloucester Road, Ross-on-Wye, HR9

**NO ONWARD CHAIN** FAST SALE – SIGNIFICANTLY DISCOUNTED MIXED-USE FREEHOLD INVESTMENT. Previously marketed separately with combined values of approximately £290,000 (House £180,000, Commercial Office £110,000), now offered at just £215,000. Existing commercial tenant plus ready-to-let 3-bed house. Potential combined income £19,320 p.a. (circa 9% yield). EICR, CP12 and compliance documentation in place. Rare central Ross-on-Wye opportunity under one title.

MIXED-USE FREEHOLD INVESTMENT | PRIME TOWN CENTRE LOCATION | POTENTIAL GROSS INCOME £19,320 PER ANNUM | NO ONWARD CHAIN

A rare opportunity to acquire a mixed-use freehold investment in the heart of Ross-on-Wye, comprising a prominent town centre commercial unit together with a separate three-bedroom residential house to the rear, both held under a single title.

Formerly marketed separately with a combined asking price of £290,000, the owner now requires a prompt sale and is offering this unique investment opportunity at just £215,000, representing a substantial discount to open market value.

COMMERCIAL UNIT – 27 GLOUCESTER ROAD

Situated on one of Ross-on-Wye’s principal shopping streets with excellent footfall and visibility, the front commercial premises are let to Wyedean Insurance, a long-established and respected local business.

• Existing income: £750 pcm (£9,000 per annum)
• Long-term tenant in occupation
• Lease in place
• Class E use (subject to confirmation)
• Main office area plus separate manager’s office
• WC facilities
• Prominent High Street position
• No VAT payable
• Freehold

RESIDENTIAL PROPERTY – REAR HOUSE, OLD GLOUCESTER ROAD

Accessed independently from Old Gloucester Road, the rear property is a highly characterful three-bedroom cottage enjoying a surprisingly private setting with generous gardens and patio area.

Accommodation comprises:

• Entrance hall
• Fitted kitchen
• Open-plan lounge/dining room
• Patio doors opening onto decking and large private garden
• Three bedrooms
• Family bathroom
• Double glazing throughout
• Gas central heating
• On-street parking

The property is currently vacant, allowing an incoming purchaser flexibility. It could either remain owner-occupied or be re-let immediately, with an anticipated market rent of approximately £860 pcm (£10,320 per annum).

All required compliance documentation is already in place, including:

• EICR
• Gas Safety Certificate (CP12)
• Smoke alarms
• Carbon monoxide detectors

INVESTMENT HIGHLIGHTS

• Mixed-use freehold investment under one title.
• Existing commercial income of £9,000 per annum.
• Potential combined gross income of £19,320 per annum.
• Residential property vacant and ready to let.
• Potential gross yield approaching 9% based on asking price.
• Significant discount to estimated individual open market values.
• Prime central Ross-on-Wye location.
• No onward chain.
• Asset management and rental growth potential.
• Residential address currently being formalised as Rear House, Old Gloucester Road.

TENURE: Freehold.

SERVICES: Mains water, electricity and drainage.

VIEWING: Strictly by appointment through Northwood.

An increasingly rare opportunity to acquire a discounted mixed-use investment with an established commercial tenant, immediate residential letting potential and attractive income prospects in the centre of Ross-on-Wye.

Additional Information: Council Tax Band B / FREEHOLD

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.

Stamp Duty: Ensure you understand your Stamp Duty and Land Tax (SDLT) obligations before making an offer.

Residential Properties: Stamp Duty applies to purchases over £125,000 (standard threshold). First-time buyers benefit from an increased threshold of £300,000, provided the property costs £500,000 or less.

Additional Properties: If you’re purchasing a second home or buy-to-let property, a 5% surcharge applies on top of standard rates.

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: Freehold,