Gloucester Road
Ross-on-Wye, HR9

£290,000
Yield:6.9%
Market Rent:£1,725
311
Call Us 01989 764050
Features

Features

  • **INVESTOR OPPORTUNITY**
  • Town Centre Location
  • Office & Residential in Two Separate Dwellings
  • Residential: Three Bedrooms
  • Office: High Street - Insurance Company Tenant
  • Current Rent Residential: £825pcm
  • Current Rent Office: £900pcm
  • Combined Rent: £1,725pcm / £20,700 p.a.
  • Yield: 7.1% (Above Average)
  • Full Gas/ Electrical Certification
  • Council Tax Band: B
Description

Description

Tenure: Freehold

**INVESTOR OPPORTUNITY** Mixed Use building with high street office and a rear 3 bedroom two story house. Current Residential Rent: £825pcm - OFFICE £900pcm - TOTAL COMBINED £1,725pcm / £20,700 per annum -  YIELD: 7.1% FREEHOLD  - House has fitted kitchen - lounge - patio doors - private garden  Gas/ Electric Certificates, Smoke and CO Monitors - OFFICE tenanted to long term tenant

The properties are "back to back" with the office to the front and on the high street (Gloucester Road) with the house to the rear (entrance from a different parallel street) complete with garden and patio - a regular, normal family three bedroom property. 

HOUSE - Entrance Hall - Fitted Kitchen - Dining Lounge - Patio Doors to Private Garden - Stairs and Landing - Three Bedrooms - Family Bathroom - Street Parking - Gas & Electrical Safety Certification in Place - CO Monitors and Smoke Alarms - Double Glazed - FREEHOLD

OFFICE - off High Street entrance - large main office with desks for up to 8 staff, rear management office - currently tenanted with a well known and established Insurance Broker - FREEHOLD

Additional Information: HOUSE - Council Tax Band B / FREEHOLD

There is no VAT payable on the property.

NOTE:  Property sold with an existing tenant. Wyedean Insurances Ltd is a well established and known local Insurance Broker. Tenants for 7 years with no plans to relocate or exit the tenancy. 

Services: Mains water, electricity and drainage.

Water Rates: Welsh Water - to be confirmed.

Local Authority: Commercial Property Business rates - £600 per annum approximately, which includes small business rate relief. Payable by occupier. 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: Freehold.

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.

 

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: E. Council tax band: B, Domestic rates: £1691, Tenure: Freehold,

Documents

Documents

Floorplan
Download
Floorplan
Download
Floorplan
Download
EPC Certificate
Download

Calculate your mortgage

Find out how much it may cost to buy this property using our mortgage calculator below.