Crofts Lane

Ross-on-Wye, HR9

**OUTSTANDING INVESTOR OPPORTUNITY** Currently let to a sizeable branded company is this very well presented retail (shop) property positioned at the very centre of the main shopping route, a fraction off Broad Street enjoying high footfall and close to Ross on Wye's main attractions - EPC: TBC, Business Rates £600pa - Share of Freehold - Current Rent: +/-£555pcm / Yield: 6.7% 

Current Rent: £555pcm

Yield: 6.7%

Entrance off Crofts Lane (25 yds off Broad Street - main shopping throughfare) - spacious front reception area with shelving, product displays and large customer counter - small rear room for stock, toilet and wash facilities - attractive, eye catching exterior.

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.

NOTE:  Property sold with an existing tenant. CCR Vape is one of the largest Vape/Electronic Cigarette Franchisee's in Herefordshire, Tenants for 10 years with no plans to relocate or exit the tenancy. 

Current Commercial Lease Agreement is for three years, with one year remaining.

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: Share of Freehold.

Crypto Currency Payment accepted at sale price + 8%

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 Broad Street, with Crofts Lane on the right (at Dogs Trust) - walk 25 yds and the property is on the right with "CCR Vape" displayed above the door.

SELLING? WE OFFER FREE MARKET APPRAISALS OR SALES ADVICE MEETINGS WITHOUT OBLIGATION. CONTACT NORTHWOOD ON 01989 764050 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. Council tax band: X,