Commercial Property to rent in Ryde, PO33
Union Street, Ryde, PO33£14000 pcm
Agent details
This property is listed with:
Full Details for Commercial Property to rent in Ryde, PO33 :
LOCATION
The property is located close to the top of Union Street, Rydes busy retail and leisure destination. Neighbours include Café Coco, Hursts, McColls Newsagent + Post Office,
Yelfs Hotel and a number of local lifestyle clothing/ homeware brands.
DESCRIPTION
The property comprises a ground floor retail unit with storage rooms to the rear. The total ground floor area is approximately 90 sq m (968 sq ft). This includes a retail space of some 35 sq m (380 sq ft).
The unit benefits from gas central heating, large display windows to the front and rear access from Union Road. Historically the current tenants have leased a car parking space from the neighbouring property at £500 per annum.
TERMS
The property is being offered for lease at £14,000 per annum exclusive, on a full repairing and insuring lease for the whole building.
The ingoing tenant would be responsible for collecting the rent for the two flats over the retail element, effectively collecting a contribution towards the headline rent, and any maintenance to the whole building.
The terms of the lease will only allow for A1 Retail or A2 Financial and Professional Services use only, under the Use Class Order 2005.
RENTAL INCOME
Rental income from the two flats over is currently around £5,300 per annum.
RATES
The VOA shows the business rates to be £8,100, rates payable approx £3,900 per annum.
VIEWINGS
All viewings to be arranged via our Commercial Office, please contact 01983 527727.
The property is located close to the top of Union Street, Rydes busy retail and leisure destination. Neighbours include Café Coco, Hursts, McColls Newsagent + Post Office,
Yelfs Hotel and a number of local lifestyle clothing/ homeware brands.
DESCRIPTION
The property comprises a ground floor retail unit with storage rooms to the rear. The total ground floor area is approximately 90 sq m (968 sq ft). This includes a retail space of some 35 sq m (380 sq ft).
The unit benefits from gas central heating, large display windows to the front and rear access from Union Road. Historically the current tenants have leased a car parking space from the neighbouring property at £500 per annum.
TERMS
The property is being offered for lease at £14,000 per annum exclusive, on a full repairing and insuring lease for the whole building.
The ingoing tenant would be responsible for collecting the rent for the two flats over the retail element, effectively collecting a contribution towards the headline rent, and any maintenance to the whole building.
The terms of the lease will only allow for A1 Retail or A2 Financial and Professional Services use only, under the Use Class Order 2005.
RENTAL INCOME
Rental income from the two flats over is currently around £5,300 per annum.
RATES
The VOA shows the business rates to be £8,100, rates payable approx £3,900 per annum.
VIEWINGS
All viewings to be arranged via our Commercial Office, please contact 01983 527727.
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House Prices for houses sold in PO33 2DT
Stations Nearby
- Ryde Pier Head
- 0.6 miles
- Ryde St Johns Road
- 0.5 miles
- Ryde Esplanade
- 0.2 miles
Schools Nearby
- Mayville High School
- 5.0 miles
- Portsmouth High School
- 5.0 miles
- Ryde School with Upper Chine
- 0.3 miles
- Ryde School with Upper Chine, Junior School
- 0.3 miles
- Greenmount Primary School
- 0.3 miles
- Dover Park Primary School
- 0.4 miles
- Bay House School
- 3.9 miles
- St Vincent College
- 4.9 miles
- Ryde Academy
- 0.7 miles
