Property photos
Auction
Leasehold
Guide price
£50,000
Property for sale
1 The Colonnade, Lind Street, Ryde, Isle Of Wight PO33Local area information
Property location
Nearby amenities
- Dover Park Primary School 0.3 miles
- Ryde Esplanade 0.3 miles
- Ryde Hoverport 0.3 miles
- Green Mount Primary School 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ryde to find out more about the local area.
Features and description
- Leasehold
- For Sale by Online Auction
- Auction Date : 18 September 2024
- Lot Number : 47
- Two Storey Town Centre Commercial Premises
- Vacant Commercial
- Leasehold
- *Guide Price : £50,000 Plus + Fees
Situated close to the junction of Union Street and High Street in the centre of the seaside town of Ryde, this vacant commercial premises offers accommodation over two floors. The main sales/trading area is accessed via Lind Street with a staircase to the rear providing access to further accommodation on the lower floor.
Ground Floor
Main retail/trading area and cloakroom with W.C.
Lower Floor
Further store/retail space and staff kitchen.
Tenure
Remainder of a 125-year lease, from 1st September 2017. The lot is sold with a share of the freehold.
Leasehold with Vacant Possession
Commercial EPC: D
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Ground Floor
Main retail/trading area and cloakroom with W.C.
Lower Floor
Further store/retail space and staff kitchen.
Tenure
Remainder of a 125-year lease, from 1st September 2017. The lot is sold with a share of the freehold.
Leasehold with Vacant Possession
Commercial EPC: D
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
More information
Listed by
Clive Emson Auctioneers
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