REQUEST DETAILS

Agent details

This property is listed with:
Hose Rhodes & Dickson
138 High Street
Telephone:
01983 521144
 

Full Details for Commercial Property to rent in Ryde, PO33 :

LOCATION
The property is prominently located adjacent the pedestrian crossing and post box on Swanmore Road, close to its junction with Osborne Road, in the heart of this densely populated residential area of south Ryde. The property has traded very successfully as a convenience store and the retail element is now available to let following a sale of the business to another convenience retailer who does not require the property itself (a 10 year covenant has been agreed restricting future sales from the property to other than convenience goods.)

DESCRIPTION
This bright, well laid out retail shop comprises the following approximate net internal areas:
Ground floor sales: 1,164 sq ft (108.1 sq m)
Ancillary staff/ stores: 270 sq ft (25.0 sq m)

A former house, adjoining at the rear and fronting Osborne Road, is within the same ownership and is used as offices and storage. It is not being offered to let with the main shop, but our client would consider a freehold sale of both (retail shop and former house). The former house comprises c.557 sq ft (51.7 sq m) NIA and there is a lapsed consent for its return to residential use, which may indicate future potential.

TERMS
Our client is looking to let the retail premises at an initial rent of £7,200pa exclusive of rates and all other outgoings, on the basis of a new institutional lease, and will also consider offers for an outright freehold sale of the shop and former house, if preferred.

COSTS
Each party is to be responsible for its own costs incurred in any transaction.

BUSINESS RATES & COUNCIL TAX
We understand the property is assessed as follows: RV: £12,000 per annum.
Rates payable before any business rate relief (at 2012/13 multiplier 0.458): £5,400.

VIEWING
By appointment with sole agents, Hose Rhodes Dickson Commercial.

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House Prices for houses sold in PO33 2TQ

Stations Nearby

Schools Nearby

Mayville High School
5.7 miles
Portsmouth High School
5.6 miles
Ryde School with Upper Chine
0.4 miles
Ryde School with Upper Chine, Junior School
0.4 miles
Haylands Primary School
0.2 miles
Greenmount Primary School
0.3 miles
Ryde Academy
0.3 miles
Sandown Bay Academy
4.4 miles
Bay House School
4.5 miles