A Town Centre Freehold commercial/residential investment with some further development potential, available for sale (subject to existing tenancies in situ).
Location – Ryde
EPC – 'C' - '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.