Key features
- A substantial shop on Ryde High Street
- Shop has a frontage of approximately 8.2m (26.9ft), suitable for other uses, subject to planning
- Total floor area of 483m² (5,200ft²) of retail space over two floors, approximately 306.5m² (3,300ft²) on the ground floor
- A new lease is available at an initial rent of £18,500pa or £10,900 for the front ground floor (in yellow)
LOCATION
Occupying a prominent position along Ryde High Street, set just beyond the pedestrian precinct and close to well-known retailers such as Iceland, one of the town’s two post offices, Boots the chemist Osbornes men’s clothing, Peacocks along with a Polish and Eastern European supermarket among others. Ryde’s immediate population is some 25,000 people, with a strong seasonal influx, many via fast passenger Catamaran and Hovercraft links from Portsmouth and Southsea, particularly delivering short stay visitors to the Esplanade
DESCRIPTION
The unit benefits from a wide frontage of around 8.2m (26.9ft) which is entirely glazed. The main trading area of the ground floor runs to approximately 306.5m² (3,300ft²) and has a total retail space of 483m² (5,200ft²). There is a WC and office on the first floor
TERMS
A new lease is available at an initial rent of £18,5000pa for the whole building or £10,900pa for the front ground floor (yellow on plan). Other terms by negotiation,
UNIFORM BUSINESS RATE
Rateable Value: £11,500 2024/2025: 54.6p 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
VIEWING
Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Dot Lucy on 01983 301 434. E: gchambers@gullyhoward.com or dlucy@gullyhoward.com
Market your property
Whether you're aiming to sell or re-let your commercial property, our agency is dedicated to assisting you.
