38 Union Street

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 or .