Commercial property for sale in Brookend Street, Ross-On-Wye HR9
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Property features
- Comprising of a retail store room at ground floor, and ancillary space at 1st & 2nd floor
- An approx. 3,358sq ft
- Planning permission granted to convert the 1st & 2nd floor into a 3 bedroom dwelling
- Asset management potential in letting the property out in its current use
- Development potential to add/reconfigure to provide multiple dwellings (subject to the requisite consents)
- Separate external stair case to the upper floors
- Nearby occupiers include Aldi (opposite) as well as wide range of local & independent retailers
- No VAT on sale price
Property description
Strapline
Auction Sale - 24/09/2024
Of interest to Investors, Developers and Owner occupiers
A freehold mid terrace property with planning permission granted to convert the 1st & 2nd floor into a three bedroom dwelling.
Vacant
Description
The attractive Grade II listed building is arranged over three floors. The majority of the property is traditionally built and includes timbered walls and ceilings. It is arranged at ground floor as 3 retail showroom areas and a store room with access to a rear yard. The first floor includes retail space, an office, kitchen and staff shower room. The second floor includes a further retail area having a raked ceiling.
Planning permission has been granted to convert the upper floors (1st & 2nd floor) into a residential dwelling comprising of 3 x bedrooms. There my be further development potential to reconfigure to add additional dwellings (subject to the requisite consents)
The property also offers instant asset management potential to let out in it current use.
Location
The premises are situated in the market town of Ross on Wye which has a population of approximately 10,000. The busy market town is ideally situated at the end of the M50 which leads to the M5 & M4. Birmingham, Bristol and Cardiff and all approximately one hours’ drive with London approximately 3 hours distant.
Brookend Street is one of the town's main retail streets, with Aldi being situated opposite the property and other shops dominated by local retailers. The premises was previously used as an antiques shop.
Tenancy
Vacant
Accommodation
An approx. 3,358 sq ft gross internal area
Please refer to floor plan for internal accommodation
Planning
Herefordshire Council
Planning ref: P231141/L
Description Change of use of first and second floors to provide residential apartment.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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