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Serviced Office for sale

Rink Road, Ryde

Sold by Us £300,000

Property Description

Full description

Tenure: Freehold

LOCATION
The property is located on Rink Road, east of Ryde town centre and close to the transport interchange at Ryde Pier (Wightlink Fastcat, Hovertravel, Vectis buses). Neighbouring uses are mostly light industrial and residential.

DESCRIPTION
The detached office building is of brick and tile construction with a cellular layout, gas central heating, double glazing, CAT 2 lighting, part suspended ceilings and carpets. The total net internal floor area is c.2,050 sq ft (190.4 sq m) over ground and first floors.

The stores are of block construction with concrete floors, part asbestos clad timber/ lightweight steel truss roofs, and partly retro-fitted as additional basic offices. The total stores gross internal floor area is c.3,900 sq ft (362.3 sq m) plus an additional part open raised store at the rear of c.1,630 sq ft (151.4 sq m).

TERMS
Our client is asking for offers over £300,000 plus VAT for this freehold property.

OUTGOINGS
The VOA shows a rateable value of £23,000, using the current UBR the rates payable will be approximately £11,500 per annum.

PLANNING
The site sits within the Settlement Boundary for Ryde and forms part of an established industrial estate. It also sits within Flood Zone 2 and has flooded in the past - this may make a change of use to residential challenging, and require significant flood mitigation works. Interested parties are invited to make their own enquiries of IWC Planning department.

VIEWING
Strictly by appointment by sole selling agent HRD Commercial (01983) 527727
Nick Callaghan nickcallaghan@hrdiw.co.uk // Lisa Mercer lisamercer@hrdiw.co.uk


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Disclaimer - Property reference 101276026573. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hose Rhodes Dickson, Newport on 01983 521144.


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