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38 Union Street - 38 Union Street
  • 38 Union Street - 38 Union Street
  • 38 Union Street - 38 Union Street
38 Union Street - 38 Union Street

£260,000

Guide price

38 Union Street

    Description

    LOCATION
    Located in Ryde Town Centre, this property is situated close to the top of Union Street, Ryde’s busy retail and leisure destination. Neighbouring and nearby businesses include Morrisons, Hurst’s, Yelf’s Hotel and a number of local lifestyle, boutique, clothing and homeware brands.

    Ryde is the largest town on the Island by population (circa 24,000 - 2021 census) and boasts miles of glorious sandy beaches. There is the transport hub close by with train and bus links to the rest of the Island, plus Fastcat and Hovercraft to Portsmouth.

    DESCRIPTION
    Offered for sale is this Grade II Listed vacant commercial unit offering spacious accommodation over four floors with
    the following approximate floor areas:

    Basement with courtyard and access to Union Road, staff WCs, vault and storage - 30 sq m / 329 sq ft
    Ground Floor - 88 sq m / 956 sq ft
    First Floor - 78 sq m / 848 sq ft
    Second Floor - 66 sq m / 715 sq ft

    The premises is a former banking hall with ancillary accommodation and could be utilised for a variety of occupiers subject to any necessary consents.

    The property has rear access to Union Road which gives separate access to the basement if required.

    There is potential to convert the uppers and basement to residential accommodation, subject to gaining the necessary planning permission and listed building consent.

    Plans have been drawn for this and can be shared with bona fide applicants.

    SERVICES
    The property benefits from mains electricity, water and drainage.

    TERMS
    The property is available freehold, guide price £260,000.

    OUTGOINGS
    The VOA shows a rateable value of £15,750, the business rates payable will be circa £6,800 per annum.

    VIEWING
    All viewings to be arranged via HRD Commercial. Please contact on 01983 527727 or commercial@hrdiw.co.uk.

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    Location

    38 Union Street

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