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Retail and Shops

Former Café Premises with A3 Planning

24 Cross Street, Ryde, Isle of Wight, PO33 2AA

£9,750 per annum

Key features

  • Opportunity to acquire former Cafe premises in Cross Street, Ryde
  • Unit runs to a total of approx. 82m² (882ft²) with the main retail area running to circa 42.5m² (457ft²)
  • Lively location adjacent to the thoroughfare to the Co-Op Car Park with a bus stop right outside
  • Offered by way of a New Lease at £9,750 per annum. Terms by negotiation
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LOCATION

24 Cross Street is located in an increasingly popular and busy area in the centre of Ryde, close to the junction of the High Street and Union Street. Ryde has an immediate population of around 25,000, considerably boosted by the influx of summer tourists as well as day-trippers via fast passenger catamaran and Hovercraft links from Portsmouth and Southsea. The town's boasts a 24,000 ft² Co-Operative supermarket in addition to Peacocks, WH Smith, Costa Coffee, The Card Factory, Specsavers, Superdrug, The Works, Mountain Warehouse, Poundland, J D Wetherspoon and Dominos. The town has benefitted recently from restoration works to many of its Victorian buildings and now presents as a smart and lively shopping area.

DESCRIPTION

Former Café premises trading under A3 planning permission but for low odour and low fat cooking only, the unit runs to a total of approximately 82m² (882 ft²) with the main retail space running to circa 42.5m² (457 ft²). The unit also benefits from a frontage of 4.7m to Cross Street with a bus stop immediately outside. The basement runs to a further 31.9m² (343 ft²) providing additional storage space, although does have some limited head height and awkward access. There is also a small kitchen area and toilet to the rear. The unit traded for many years previously as a Café under A3 planning permission with opening hours 9.00 am to 5.00 pm. Please see floor plan for further detail.

TERMS

Offered by way of a New Lease at £9,750 per annum. The ingoing tenant will be asked to contribute towards the landlord's legal costs in setting up the new lease. All other terms by negotiation.

VIEWING

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on 01983 301 434.

E: gchambers@gullyhoward.com or mwilliams@gullyhoward.com

UNIFORM BUSINESS RATE

Rateable Value: £7,200

2022/2023: £0.512p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000.

Retail and Shops

Former Café Premises with A3 Planning

24 Cross Street, Ryde, Isle of Wight, PO33 2AA

£9,750 per annum

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