**SOLD AT AUCTION** A rare opportunity to purchase this mixed commercial/residential investment in Ryde.
SOLD AT AUCTION
Auction Price Guide - £175,000 Long Ground Leasehold + PLUS FEES
Location – Ryde
EPC – Shops - TBC / Flat - Council Band 'A'
Situated in a prominent location on the corner of St. Johns Hill and the southern section of the High Street in Ryde, which in itself is the largest town by residential catchment of any on the Island. The town enjoys a wide variety of facilities within its boundaries, including a busy pedestrianised High Street, the popular beach and Esplanade, plus the regular and quick passenger ferry crossings to the mainland. The investment consists of two shops (currently let) and a flat over (vacant), and the property itself has undergone a considerable remedial and refurbishment programme in recent months. We are advised that the property overall is held on the balance of a 900-year ground lease from 1860 at a nominal ground rent (not collected). Otherwise, the property is offered for sale subject to any existing tenancies in situ. Lot - 71, 72 & 72A HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2SU Auction Price Guide - £175,000 Long Ground Leasehold + PLUS FEES The property is to be offered online by Clive Emson Auctioneers on 01 November 2023.