Property description
LOCATION
The property is situated in the lower end of Union Street, the always popular shopping and licensed leisure area of Ryde town centre, adjacent Kasbah, opposite House of Zabre, Liz Earle and Toymaster, and close to Michaelangelos and other bars and restaurants.
DESCRIPTION
This large freehold property has been in the same family ownership for a number of years and is now being offered for sale as our clients retire.
It comprises a retail unit to the ground floor, with a large dry basement, and office and staff areas on the first floors. Also on the 1st floor are 2 x 1 bedroom flats with another flat to the 2nd floor.
The property offers the following approximate sizes:
Ground floor salon 2,833 sq ft (263 sq m)
Basement storage 1,457 sq ft (135 sq m)
First floor 2 x offices, one let at £208 pcm & one let at £187 pcm plus storage approx size 1,507 sq ft (140 sq m)
First floor two x 1 bed flats (both let at £350 pcm)
Second floor 2 bed flat (let at £515 pcm)
There are four off street parking spaces to the rear of the property, accessed via Church Lane.
TERMS
Our client is seeking offers in the region of £450,000 for the freehold.
BUSINESS RATES
We understand the rating position (local telephone number 023 8053 8500) is as follows: Rateable value £13,500, UBR 0.458p rates payable £6,183.00.
VIEWINGS
All viewings to be arranged via Hose Rhodes Dickson Commercial. Please contact 01983 527727.
Property Features :
- Substantial Freehold Property
- Accommodation over 4 floors
- Investment