For Sale / To Let

Ryde, Isle of Wight

£229,500

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

Perfect High Street Position
Currently a popular, well established Salon
Freehold
Chain Free

Description

A prime position within the Bustling town centre of Ryde! This is a fantastic opportunity to purchase a spacious commercial property, which is both Chain Free and Freehold. Currently a well established Hairdressing Salon with further treatment rooms on the first floor, the property benefits from bags of further potential too.

Situated between the historic Union Street and the vibrant High Street of Ryde, plus facing the access point from Lind Street ensures that this position could possibly be one of the most sighted high street premises in Ryde. Plenty of passing traffic from shoppers, both on foot and by car, whether a hairdressers or something completely different, the position here is perfect for businesses wanting to utilise a strong high street spot.

With several rooms above the shop floor, there is potential to maximise your business and income. Currently, this space includes 2 additional treatment rooms, a staff room, WC and Office. However, further to this you will also find a basement below, which has been considered by its current owners, to develop into additional Salon space but didn't come to fruition, however, with the correct planning permissions sought, the potential is certainly there.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,207 /mo.25 Years, 5% Interest
Loan
ÂŁ206,550
Total Repay
ÂŁ362,241

Commercial Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ795
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
Your effective stamp duty is 0.35%

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