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High Street, Ryde

Guide Price
£375,000

Business rates & charges may apply

Hose Rhodes Dickson, Newport
SIZE

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SECTOR

High street retail property for sale

USE CLASSUse class orders: Sui Generis

sui_generis_3

Description

LOCATION
Situated on Ryde High Street, within the pedestrianised zone. Ryde High Street is a buoyant shopping center and offers various national and boutique shops.

Ryde is located to the North of the Island and is the biggest town by population.

DESCRIPTION
Offered for sale is this end of terrace property with ground floor commercial and two apartments over.

The ground floor is currently let to Ladbrokes on a 5 year from April 2023 at a current passing rent of £27,000pa.

There are two apartments over, 27a & 27b.
27a offers kitchen/diner, sitting room, double bedroom and shower room. The current passing rent is £5,940pa.
27b offers entrance hall/dining area, sitting room, kitchen, bathroom, double bedroom and single bedroom. The current passing rent is £7,140pa.

Total net initial income is £40,080pa.

TERMS
Our client is asking Guide Price £375,000 for this investment opportunity.

OUTGOINGS
The VOA shows the ground floor has a rateable value of £22,250, using the current UBR the rates payable would be circa £11,400pa.
Both flats are rated Council Tax Band A.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact or email .

Brochures

High Street, Ryde

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ryde St. Johns Road Station0.4 miles
  • Ryde Esplanade Station0.4 miles
  • Ryde Pier Head Station0.8 miles

About Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.

The company has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.

Our record of success has been built upon a single-minded desire to provide our clients, with a top class personal service delivered by highly motivated and trained staff. A sign of this success is the fact that a large proportion of our business is from referrals, satisfied Clients who have recommended us to friends and family.

So, if you want professional help and advice on all aspects of moving home please contact us on the above number or call into our office.

Notes

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Disclaimer - Property reference 101276042047. 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.

Map data ©OpenStreetMap contributors.

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