Cross Street, Ryde, PO33 2AD

Centre for sale

£179,000


A great opportunity to purchase a mixed commercial and residential property in Cross Street Ryde.

LOCATION
The property is situated next to Malcolm Daniells, The Hair Lounge and opposite Bags Boutique & Wightsight. Located just off the main Union Street, Ryde has seen a wealth of boutique style shops open in the past few years and offers a shopping experience that greatly differs to the High Street.
DESCRIPTION
Accommodation is offered over 4 floors and consists of the following:

Commercial

Basement: subdivided and would suit further sales areas, changing areas or just storage use. There is approximately 30.2 sq m (325 sq ft) of space.

Ground floor shop offers approximately 27.6 sq m (297 sq ft).

Residential - Accessed to the side of the property via Union Road

2 bedrooms

Kitchen

Bathroom

Living Room

The commercial element is let on a new 5 year lease and the residential is currently let on an Assured Shorthold Tenancy.

Fully let income is £12600 per annum.


TERMS
Our client is asking for Offers in the Region of £179,950.
OUTGOINGS
Business rates show £5,500 per annum, rates payable would be approximately £2,700 per annum. This does not include any applicable small business rates relief.

Council Tax is Band B.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes

Director

Lisa Mercer

Manager

Janet Morter

Negotiator

Stephen Savage

Chartered Surveyor

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: commercial@hrdiw.co.uk