Property description

INVESTMENT OPPORTUNITY * FREEHOLD SHOP AND 2 X 1 BEDROOM FLATS * CENTRAL RYDE *

The opportunity has arisen to purchase this freehold mixed use investment in Central Ryde.

The ground floor consists of a large shop with A1 use, with dressing room and kitchen, plus a large hall with 2 x WC's. There is also a large basement area, ideal for storage. This has in previous years received around £600 pcm on a rental basis.

Upstairs there are 2 separate 1 bedroom flats.

The first flat consists of an open plan lounge/kitchen and a double bedroom with en-suite shower room.

The second flat is split over two levels, with accommodation consisting of a lounge/kitchen, with stairs then leading to a double bedroom and separate bathroom.

Both flats benefit from stunning sea views of the Solent and have a potential of £400 pcm rental. The second flat does have a long term tenant who would remain in situ with any new owner.

Both flats are council tax band A and the commercial unit is at a reatable value of £5,200.

With a total rental income of approx £1400 pcm this really does make a fantastic investment opportunity.

GROUND FLOOR
Shop Front	16'8\" x 16'2\" (5.08m x 4.93m).
Dressing Room	14'2\" x 9'1\" (4.32m x 2.77m).
Kitchen	8'8\" x 8'3\" (2.64m x 2.51m).
Hallway Leading To
2 x WC's
Basement
1ST FLOOR
Flat A
Lounge	17'1\" x 8' (5.2m x 2.44m).
Kitchen	11'5\" x 7'6\" (3.48m x 2.29m).
Bedroom	11'11\" x 11' (3.63m x 3.35m).
En-Suite Shower Room
Flat B
Lounge	17'4\" x 11'2\" (5.28m x 3.4m).
Kitchen	11'5\" x 7'7\" (3.48m x 2.31m).
Stairs to 2nd Floor Landing
Bedroom	17'4\" x 9'8\" (5.28m x 2.95m).
Bathroom