Ref: JP003916
MISREPRESENTATION ACT
These particulars are prepared with care, but are not guaranteed and do not
constitute, or constitute part of, an offer or contract. Intending purchasers must satisfy themselves of these particulars' accuracy by inspection or otherwise, since neither the vendor, nor Jackson Preece Surveyors, shall be responsible for statements or representations made. The Vendor does not make or give, and neither Jackson Preece Surveyors nor any person in their employment, has any authority to make or give any representation or warranty in relation to this property. We would strongly advise anyone wishing to view this property to contact us first, particularly if travelling any distance, to confirm availability and to discuss any material facts relating to it which are of importance to them and we will endeavour to verify such information.
FOR SALE POTENTIAL DEVELOPMENT SITE - Wolf Business Park, Alton Road, Ross on Wye HR9 5NB
FOR SALE POTENTIAL DEVELOPMENT SITE - Wolf Business Park, Alton Road, Ross on Wye HR9 5NB
Wolf Business Park Alton Road, Ross On Wye, HR9 5NB
4.7 acres
For sale £3,500,000
LOCATION
The property is situated on one of the principal entrances to the town of Ross on Wye adjacent to the A40. The town has a population of approximately 11,000 and has seen substantial residential growth in recent years. The A40 provides an excellent connection to M50/M5/M4 motorways. Birmingham, Bristol & Cardiff are approximately 1 hours’ drive and London approx. 3 hours’ distant.
DESCRIPTION
As shown on the OS extract below, the site extends to approx. 4.66 acres (1.89 ha).
It was principally developed in 1960s by Wolf Tools to provide warehousing, offices and showrooms for the Company.
In approximately 2002, a further two industrial units were constructed to the rear of the site (Units 6 & 7).
ACCOMMODATION
(Approximate measurements of gross internal areas)
Units 1, 2, 3 & 4 are let on a License or Lease Agreement, with vacant possession able to be granted on the giving on a months’ notice.
Units 1, 2 & 3 Offices Ground & First Floor GIA 880 sq m
Warehousing Ground Floor 3,358 sq m
Unit 4 Showroom Ground Floor 470 sq m
Offices First Floor 330 sq m
TOTAL 5,038 sq m
Unit 5 is let on a commercial lease to Wolsey
Unit 6 is let on a commercial lease to RAGS. Both leases and protected by the 1954 Landlord & Tenant Act.
Unit 5 Wolsey Ground Floor 260.00 sq m
Unit 6 RAGS Ground Floor 260.00 sq m
TOTAL 520.00 sq m
AMENITIES
SERVICES
Mains water, electricity, gas and drainage are connected to site.
This property known as Hildersley House and Cottage currently drain through the site. Any existing services to the retained land will need to be maintained or re-routed by arrangement.
TERMS
The site is available freehold, subject to the commercial leases on Units 5 & 6. Vacant possession is available on the remainder of the accommodation if required.
GUIDE PRICE
£3.5m + VAT is being sought for the property.
SCHEDULE OF CURRENT TENANTS
Information regarding occupiers and leases has been provided by the vendors and is current as at 12.5.23.
Unit Tenant Licence/Lease Start date of tenancy Rent pcm
ex VAT
Unit 2/C Alan Keef Ltd. Licence 01.04.13 £645.00
Unit 2/D Office The Sign Shop Licence 01.04.14 £200.00
Unit 2/E Tomatrol Control Ltd Licence 01.02.20 £0.00
Unit 2/F Steve Bennett Garages Licence £400.00
Unit 4 Offices 1&2 East Recruitment Admin Ltd. Licence 01.03.15 £630.00
Unit 4 Office 5,6 & 7 Caple Security Services Licence 01.04.15 £1,000.00
Unit 4, Office 11 Moonlight Healing Licence 01.10.22 £208.33
Unit 4 The Showroom Coppice Old Pine Licence 01.04.11 £840.00
Units 1, 2/A, 2/B, 2/D & 2/F Westons Cider Licence 01.04.23 £10,000.00
Unit 3, 1-6 Ross New Horizon Centre (Charity) Licence 01.11.17 £0.00
Unit 5 Wolseley (UK) Ltd Lease (exp 4.3.25) 05.03.20 £1,583.33
Unit 6 RAGS Lease (exp 22.4.24)23.04.19 £1,750.00
PLANNING
PLANNING
The site was the subject of a Planning Application and Appeal by Lidl (UK) Ltd. The link to the planning records is: https://www.herefordshire.gov.uk/info/200142/planning_services/planning_application_search/details?id=190114&search-term=wolf%20bus
OTHER
MISPRESENTATION ACT
These particulars are prepared with care, but are not guaranteed and do not constitute, or constitute part of, an offer or contract. Intending purchasers must satisfy themselves of these particulars' accuracy by inspection or otherwise, since neither the vendor, nor Jackson Preece Ltd shall be responsible for statements or representations made. The Vendor does not make or give, and neither Jackson Preece Ltd nor any person in their employment has any authority to make or give any representation or warranty in relation to this property.
We would strongly advise anyone wishing to view this property to contact us first, particularly if travelling any distance, to confirm availability and to discuss any material facts relating to it which are of importance to them and we will endeavour to verify such information.
VIEWING
Jonathan Preece is dealing with all viewings and the sale of this site and can be contacted on 07976 235670 or jp@jdpsurveyors.co.uk
EPC Pending
