FOR SALE - INCOME PRODUCING RETAIL OPPORTUNITY - 4 High Street, Ross On Wye, HR9 5HL

INCOME PRODUCING RETAIL OPPORTUNITY

4 High Street, Ross On Wye, HR9 5HL

1320 sq ft
£145,000

LOCATION
The popular market town of Ross On Wye is situated at the end of the M50 in Herefordshire which leads to the M5 & M4. Birmingham, Bristol and Cardiff and all approximately one hours’ drive with London approximately 2.5 hours distant.

4 High Street is situated within the towns main retail area a short distance from the Historic Market Place.

DESCRIPTION
An attractive double fronted retail unit with accommodation arranged over ground floor and basement. The main features are:

• Glazed shop front and entrance door
• A large tanked basement area
• Excellent high street position
• Extensive retail space on ground and basement level

SERVICES
Mains electricity, water, drainage and gas are connected.
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
The remainder of the 999 year leasehold interest is available subject to an occupational lease broadly on the following terms:

• A 3 year lease expiring on 1st February 2027
• Current passing rental of £11,000 PA exclusive

Further details are available from the selling agents.

OUTGOINGS
The 2023 Rating List describes it as a "Shop and Premises" at a rateable value of £10,750

VAT
No VAT will be charged on the sale.

LEGAL COSTS
Each party will be responsible for their own legal fees involved in the transaction.

OTHER
Services, Fixtures, Equipment, Buildings & Land - none of these have been tested by Jackson Preece Ltd. Any interested party will need to satisfy themselves as to the type, condition and suitability for purpose.

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
Strictly by prior appointment with the Sole Letting Agents, Jackson Preece Ltd, Surveyors & Commercial Agents 01989 548538