***FOR SALE BY AUCTION ON 01/05/24*** A Town Centre Freehold commercial/residential investment with some further development potential, available for sale (subject to existing tenancies in situ).

Investments/developments/land, Ryde

FOR SALE BY AUCTION ON 20/03/2024
Auction Price Guide - £250,000+ * + FEES
Location – Ryde
Space: N/A
EPC – Shop – ‘C’ / Flats 1 & 3 – ‘D’ / Flat 2 – ‘C’ / Flat 4 – ‘E’
Comprising a ground floor commercial premises, two first floor 'studio flats' and two second floor 'studio flats', the total gross annual income for this investment is £27,842pa, providing a gross yield before costs in the order of 9.44%. Situated in the southern section of the High Street of Ryde, which in itself is a busy commercial centre. This part of the High Street is noted for a number of independent commercial occupiers and a variety of residential units. Opportunities for mixed Freehold investments in Ryde are rare, therefore early interest is encouraged. For sale by way of an online auction with our joint sole agents, Clive Emson Auctioneers, on 1st May 2024. To register to bid on any of the above properties, please visit www.cliveemson.co.uk. For sale by auction with Clive Emson. Interested applicants can register to bid on: https://www.cliveemson.co.uk