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Union Street, RydeCommercial property for sale

£425,000
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About this property

Development opportunity with planning permission.

LOCATION
Situated on Union Street Ryde, this property is located in a bustling area in central Ryde. The unit is a short walk to the Esplanade with its long stretches of sandy beaches and transport links to the rest of the Island and Portsmouth.

DESCRIPTION
Offered for sale is the upper floors and rear of this Grade II Listed property 9 Union Street Ryde. The upper floors and rear has planning permission for conversion of the current property to 4 x apartments. The rear of the property, fronting Union Road, has planning permission for a pair of 2 bedroom semi detached houses. Once converted 3 apartments will offer sea views and 1 apartment will offer a roof terrace.

Accommodation will be as follows:
Semi Detached House
Ground Floor
Kitchen
Living Room/Diner
Seperate WC
First Floor
Bedroom 1
Bedroom 2
Bathroom

First Floor above 9 Union Street
Flats 1, 2 & 4
Open plan Living Room/Kitchen/Diner
Bedroom 1
Bedroom 2
Bathroom

Second Floor above 9 Union Street
Flat 3
Kitchen
Open plan Living Room/Dining area
Bedroom 1
Bathroom

SERVICES
The property currently benefits from mains electric, water and drainage. Any developer going in to the property would be expected to undertake the separation of the utilities for the converted and newly built properties.

TERMS
Our client is asking Guide Price £425,000 for this development opportunity.

PLANNING
Planning permission was granted in May 2024 for Proposed part demolition of rear of existing shop; Proposed pair of semi-detached dwellings to rear fronting onto Union Lane; Proposed conversion of first and second floors of shop to form 4 flats; Alterations to shopfront and part of ground floor to provide access to proposed flats.
Please note the site is subject to a Unilateral Undertaken.

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

Map

Brochure

Property Brochure

Union Street, Ryde

£425,000

Full PDF brochure containing all the details of the property in Union Street, Ryde - £425,000

Branch

Commerical

The Estate Office, 138 High Street, Newport, Isle of Wight, PO30 1TY

01983 527727

[javascript protected email address]

Opening hours

  • Monday08:30 - 17:30
  • Tuesday08:30 - 17:30
  • Wednesday08:30 - 17:30
  • Thursday08:30 - 17:30
  • Friday08:30 - 17:30

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