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Two-bedroom freehold town centre building

Ryde, PO33 - Get Access

2 bed 1 bath

Description

This freehold town centre building is situated on Union Street, Ryde's premier trading location. The building is situated a short distance from the seafront and beach with the FastCat and Hovercraft services available giving access to the mainland. The building was last in use as a High Street bar with a substantial cellar beneath with kitchen and other amenities on the first floor, while the second floor has been in use as an owner/manager's flat. 74 Union Street comprises a ground floor main bar and trading space with access to the lower ground floor, which features a substantial basement and cellar. The first floor includes a former commercial kitchen, ladies and gents W.Cs, and storerooms. The second floor provides a flat featuring a living room, kitchen, bedroom, and shower room with W.C. Externally, there is a small courtyard to the rear. The EPC rating is C (51), with a total floor area of 187 sq.m. 73 Union Street is held on the remainder of a 950-year lease from 25th March 1882, and the property is offered as freehold with part vacant possession.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 2,013 sq ft (Listing)

Valuing this multi-story terraced mixed-use building on Union Street involved examining recent commercial-residential transactions directly along the same trading thoroughfare. The property features a ground floor bar, cellar, first-floor amenities, and a second-floor flat across 2,013 sq ft, presented in fair condition with dated interior finishes and exterior paintwork requiring attention. Floor area metrics were sourced from internal building data matching the advertised dimensions.

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