Freehold
The property is situated in the centre of this popular and historic town, on the south side of Gloucester Road, between its junctions with Hill Street and High Street.
Occupiers close by include William Hill (opposite), NatWest, Domino's Pizza, Superdrug, WH Smith, TSB and Barclays amongst many others.
The property is arranged on ground and one upper floor to provide three self-contained ground floor shops with ancillary storage above.
VAT is applicable to this sale, please refer to the legal documents for further details.
There will be a single block viewing held prior to the auction. If you would like to attend you must register with us in advance no later than 12 noon on Thursday 6th September.
Please email amy.heuch@allsop.co.uk with the name and mobile number of each party wishing to attend. Photographic ID will be required on the day. In the subject box of your email please enter Lot O10 Ross-on-Wye.
Total Current Rent Reserved £26,500 p.a. plus a vacant shop
This auction lot is now closed.
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No. | Present Lessee | Accommodation | Terms of Lease Agreement | Current Rent £ p.a | Next Review / Reversion | ||
---|---|---|---|---|---|---|---|
5 | Vacant | Gross Frontage Net Frontage Shop and Built Depth First Floor |
5.7 m 5.5 m 6.4 m 2.2 sq m |
(18' 7") (17' 11") (20' 11") (24 sq ft) |
|||
6 | Subway Realty Limited | Gross Frontage Net Frontage Shop and Built Depth First Floor |
5.7 m 5.4 m 14.0 m 57.2 sq m |
(18' 8") (17' 9") (46' 0") (615 sq ft) |
15 years from 25.10.2017 Rent review every 5th year FR&I (1) Tenant break option on the 5th and 10th anniversaries |
£13,000 p.a. | Rent Review 2022 (1) |
7 | St Michael's Hospice (Incorp. Freda Pearce Foundation) |
Gross Frontage Net Frontage Shop and Built Depth First Floor |
5.7 m 5.4 m 13.1 m 31.9 sq m |
(18' 8") (17' 9") (43' 11") (343 sq ft) |
5 years from 25.12.2017 Rent review in the 3rd year FR&I (2)Tenant break option on the 3rd anniversary |
£13,500 p.a. | Rent Review 2020 (2) |
Total £26,500 p.a. |