Ref: JP03685A
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 - INCOME PRODUCING INVESTMENT - 46-47 Broad Street, Ross on Wye
FOR SALE - INCOME PRODUCING INVESTMENT - 46-47 Broad Street, Ross on Wye
46-47 Broad Street, Ross On Wye, HR9 7DY
For sale £850,000
LOCATION
The popular market town of Ross On Wye is situated at the end of the M50 in South Herefordshire. The M50 provides convenient access to the M5 motorway to the East and South Wales and the M4 to the West via the A40.
Broad Street is the main retail location within the town and is home to both local and national occupiers.
DESCRIPTION
The properties comprise two adjacent period properties constructed of facing brickwork to the elevations (part rendered) under pitched tiled roofs, with a two storey stone building to the rear. The accommodation broadly comprises:
46 Broad Street
A ground floor retail space (approx. 861 sq ft)
Ground floor Office (approx. 288 sq ft)
First floor office space (approx. 300 sq ft)
Four flats which are either 1 or 2 beds
47 Broad Street
A ground floor retail space (approx. 990 sq ft)
Two flats which are 2 beds
SERVICES
Mains electricity, water and drainage are connected to the property.
N.B. None of the appliances or services have been tested in the property and interested parties should satisfy themselves as to their suitability and safety.
TERMS
QUOTING PRICE
Offers based on £850,000 for the Freehold subject to the existing tenancy agreements
OUTGOINGS
The 2023 Rating List shows the following assessments for the properties;
46 ground floor unit described as “Shop and Premises” at a rateable value of £11,750
46E ground floor office described as “Office and Premises” at a rateable value of £2,900
46F first floor described as “Office and Premises” at a rateable value of £3,000
47 ground floor unit described as a “Restaurant and Premises” at a rateable value of £11,750.
