159 HIGH STREET, RYDE IW PO33 2HT 202973 TURNKEY …assignment of the existing lease at a current...
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159 HIGH STREET, RYDE IW PO33 2HT 202973 CHARTERED SURVEYORS COMMERCIAL PROPERTY AGENTS RETAIL INDUSTRIAL OFFICE INVESTMENT BUSINESS TRANSFER DEVELOPMENT LAND MANAGEMENT RENT REVIEWS LEASE RENEWALS VALUATIONS ARBITRATION ACQUISITIONS EXPERT WITNESS HISTORIC BUILDINGS CONSULTANCY DIRECTORS NICK BUCKLE BSc(Hons) MRICS GAVIN CHAMBERS BA(Hons) GRANT HIGGS JAMIE WHITTLE BSc(Hons) PgDipSurv MRICS SHAUN WOOLFORD MBA BSc(Hons) Dip Proj Man MRICS REGISTERED OFFICE 62 High Street, Newport, Isle of Wight PO30 1BA Registered in England and Wales No. 6477562 Vat No. 928 0215 39 62 HIGH STREET NEWPORT ISLE OF WIGHT PO30 1BA TEL 01983 822555 ___________________ MERRITTS FARM WHITE HORSE LANE WATERLOOVILLE PO7 6QL TEL 02392 257224 ___________________ EMAIL [email protected] www.gullyhoward.com TURNKEY CAFE BUSINESS READY TO TRADE Prominent cafe business in the heart of Ryde's pedestrianised High Street Supported by many prominent retailers such as Peacocks, Shoe Zone, M&Co, Card Factory, Specsavers and Costa Coffee The unit runs to a total of approx. 87.9m² (946 ft²) on the ground floor including staff facilities For Sale at "offers in the region of" £10,000 for the fixtures and fittings simultaneous with an assignment of the existing lease at a current rent of £13,000 p.a. LOCATION 159 High Street, Ryde is located in the pedestrianised heart of Ryde's High Street, between M&Co and Peacocks and adjacent to Shoe Zone, Specsavers, Santander, The Card Factory, Superdrug and Costa Coffee. This area of Ryde High Street generates some of the highest footfall in the town. Ryde itself has an immediate population of around 25,000, considerably boosted by the influx of summer tourists as well as day-trippers via fast passenger Catamaran and Hovercraft links from Portsmouth and Southsea. The town's boasts a 24,000 ft² Co-Operative supermarket plus other mainstream occupiers such as Iceland, WH Smith, The Works, Edinburgh Woollen Mills, Boots The Chemist, Poundland, Mountain Warehouse and many others. DESCRIPTION Turnkey Cafe Business set up and ready to trade. The unit runs to approximately 87.9m² (946 ft²) including staff facilities and benefits from an initial frontage of 4.8m (15.5 ft) to Ryde High Street. The unit breaks back to approximately 49.9m² in terms of Zone A and has A3 Cafe use. The unit is currently laid to cater for 18 covers and an inventory of equipment included is available upon request. Please see floor plan overleaf for further detail. TERMS For Sale at "offers in the region of" £10,000 for the benefit of the fixtures and fittings together with an assignment of the existing 10 year lease from May 2018 at a current rent of £13,000 per annum. UNIFORM BUSINESS RATE Rateable Value: £12,500 2019/2020: £0.504p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council Business Rates with regard to any rate liability or rate concession that may be applicable by calling 01983 821000. VIEWING Strictly by appointment with sole agents Gully Howard Commercial Property. Conctact Gavin Chambers or Jane Bauldry on 01983 301 434. E: [email protected] or [email protected]
Transcript of 159 HIGH STREET, RYDE IW PO33 2HT 202973 TURNKEY …assignment of the existing lease at a current...
159HIGH STREET, RYDE IW PO33 2HT 202973
CHARTERED SURVEYORSCOMMERCIAL PROPERTY AGENTS
RETAIL
INDUSTRIAL
OFFICE
INVESTMENT
BUSINESS TRANSFER
DEVELOPMENT LAND
MANAGEMENT
RENT REVIEWS
LEASE RENEWALS
VALUATIONS
ARBITRATION
ACQUISITIONS
EXPERT WITNESS
HISTORIC BUILDINGS
CONSULTANCY
DIRECTORS
NICK BUCKLE BSc(Hons) MRICS
GAVIN CHAMBERS BA(Hons)
GRANT HIGGS
JAMIE WHITTLE BSc(Hons) PgDipSurv MRICS
SHAUN WOOLFORD MBA BSc(Hons) Dip Proj Man MRICS
REGISTERED OFFICE
62 High Street, Newport, Isle of Wight PO30 1BA
Registered in England and Wales No. 6477562
Vat No. 928 0215 39
62 HIGH STREET NEWPORTISLE OF WIGHT PO30 1BA
TEL 01983 822555___________________
MERRITTS FARM
WHITE HORSE LANE
WATERLOOVILLE PO7 6QL
TEL 02392 257224___________________
EMAIL [email protected]
www.gullyhoward.com
TURNKEY CAFE BUSINESS READY TO TRADE
Prominent cafe business in the heart of Ryde'spedestrianised High Street
Supported by many prominent retailers such asPeacocks, Shoe Zone, M&Co, Card Factory,Specsavers and Costa Coffee
The unit runs to a total of approx. 87.9m² (946 ft²)on the ground floor including staff facilities
For Sale at "offers in the region of" £10,000 for thefixtures and fittings simultaneous with anassignment of the existing lease at a current rentof £13,000 p.a.
LOCATION
159 High Street, Ryde is located in the pedestrianised heart of Ryde's High Street, between M&Coand Peacocks and adjacent to Shoe Zone, Specsavers, Santander, The Card Factory, Superdrugand Costa Coffee. This area of Ryde High Street generates some of the highest footfall in the town. Ryde itself has an immediate population of around 25,000, considerably boosted by the influx ofsummer tourists as well as day-trippers via fast passenger Catamaran and Hovercraft links fromPortsmouth and Southsea. The town's boasts a 24,000 ft² Co-Operative supermarket plus othermainstream occupiers such as Iceland, WH Smith, The Works, Edinburgh Woollen Mills, Boots TheChemist, Poundland, Mountain Warehouse and many others. DESCRIPTIONTurnkey Cafe Business set up and ready to trade. The unit runs to approximately 87.9m² (946 ft²)including staff facilities and benefits from an initial frontage of 4.8m (15.5 ft) to Ryde High Street. Theunit breaks back to approximately 49.9m² in terms of Zone A and has A3 Cafe use. The unit iscurrently laid to cater for 18 covers and an inventory of equipment included is available upon request.Please see floor plan overleaf for further detail.TERMSFor Sale at "offers in the region of" £10,000 for the benefit of the fixtures and fittings together with anassignment of the existing 10 year lease from May 2018 at a current rent of £13,000 per annum.UNIFORM BUSINESS RATERateable Value: £12,5002019/2020: £0.504p without small business relief. Interested parties should make their ownenquiries of the Isle of Wight Council Business Rates with regard to any rate liability or rateconcession that may be applicable by calling 01983 821000.VIEWINGStrictly by appointment with sole agents Gully Howard Commercial Property. Conctact GavinChambers or Jane Bauldry on 01983 301 434. E: [email protected] [email protected]
Whilst these particulars are believed to be correct neither the agent nor the clients guarantee accuracy nor are they intended to form part of any contract. We have not carried out any survey. All offers are subject to formal contract. Interested parties must satisfy themselves independently as to VAT in respectof any transaction. Gully Howard Chartered Surveyors and staff are not able to give any warranty or representation in connection with this property andhave not tested any plant, purchasers must satisfy themselves as to its condition. Plans are shown not to scale and for identification only, dimensions areapproximate and location plans may not show all current occupiers.
