Ryde, Isle of Wight

£200,000Leasehold

Key Information

Tenure:Leasehold
Service charge:Not available
Ground rent:Not available
Time remaining on lease:Not available
Council tax band:Not available
Broadband:up to 80Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Public Auction on Wednesday 10th April 2024
At the Utilita Bowl Cricket Ground
Botley Road, West End, Southampton, SO30 3XH at 11:00am
Unique investment opportunity
23 Garages
Central Ryde location

Description

A unique opportunity to acquire 23 garages in the heart of Ryde. This fantastic investment has been owned by the same family for many years providing a good return. Many of the tenants of the garages have leased a unit for in excess of 10 years.

The space includes a large concrete turning area with well sized garages surrounding the central area. There are two access points to provide an in and out arrangement for cars.

Situated in a very central location to Ryde town centre, being only a stone’s throw from both the High Street and Ryde School, along with foot passenger ferry connections of Ryde Esplanade.

********** MONEY LAUNDERING PROCEDURES **********
IN ACCORDANCE TO THE ABOVE, PLEASE BE ADVISED, THAT IF YOU INTEND TO BID ON THIS
PROPERTY, THEN YOU WILL BE REQUIRED TO PROVIDE TWO FORMS OF ID (ONE PHOTO-TYPE).
IF, YOU ARE INTENDING TO BID ON BEHALF OF A THIRD PARTY, THEN WE WOULD REQUIRE BOTH ID
FOR YOURSELF, PLUS A CERTIFIED COPY OF PHOTO ID FOR THE INTENDED PURCHASER.
PLEASE SEE WEB-SITE, www.pearsons.com FOR FURTHER DETAILS.

*ADDITIONAL FEES:
Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the purchaser on completion.

"In accordance with s28 (1) of The Estate Agents Act 1979, please note that the vendors are related to an employee of IOW Residential Limited trading as Trigghomes".

Arrange Viewing

Ryde School with Upper Chine
(0.17 miles)
Number of pupils: 856
Age Range: 2 - 19
Dover Park Primary School
(0.27 miles)
Good
Number of pupils: 212
Age Range: 4 - 11
Ryde Academy
(0.55 miles)
Good
Number of pupils: 1333
Age Range: 11 - 18
Greenmount Primary School
(0.55 miles)
Good
Number of pupils: 392
Age Range: 5 - 11
St Mary's Catholic Primary School
(0.71 miles)
Requires Improvement
Number of pupils: 180
Age Range: 2 - 11
Haylands Primary School
(0.73 miles)
Good
Number of pupils: 385
Age Range: 5 - 11
Oakfield Church of England Aided Primary School, Ryde
(0.82 miles)
Requires Improvement
Number of pupils: 265
Age Range: 4 - 11
Binstead Primary School
(1.06 miles)
Good
Number of pupils: 210
Age Range: 4 - 11
Nettlestone Primary School
(2.28 miles)
Good
Number of pupils: 239
Age Range: 3 - 11
St Helens Primary School
(3.04 miles)
Good
Number of pupils: 90
Age Range: 5 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£1,052 /mo.25 Years, 5% Interest
Loan
£180,000
Total Repay
£315,679

Stamp Duty

You’ll have to pay the stamp duty of:
£0

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