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For Sale£180,000.00

Vectis Hall Melville Street Ryde

Residential, Light Industrial, Storage, Other, Industrial, Other Property Types & Opportunities , 250 Sq M
Property type: Residential, Light Industrial, Storage, Other, Industrial, Other Property Types & Opportunities
Tenure: Development Opportunity, Investment Opportunity, For Sale Freehold
Size: 250 Sq M
Price: £180,000.00
Location: Melville Street, Ryde, PO33 2AE
Opportunity to purchase a Georgian Grade II Listed property in a great location in Ryde.

LOCATION
Situated in Ryde within a mix of residential and commercial properties close to the beaches and within walking distance of the town. Ryde is the largest town on the Island by population and offers plentiful amenities from convenience shopping to doctors, schools and good transport hubs. The cross Solent ferries are also closely as is the Island Line train with links through to Shanklin.

DESCRIPTION
This Georgian property is thought to date back to circa 1812 and is thought to be the first free school in Ryde. Offering approximately 250 sq m (2691 sq ft) of commercial ground floor space. The whole site measures overall 582 sq m (6264 sq ft).

Subject to planning permissions this property could either be converted to provide great residential accommodation or even converted back to its former self.

TERMS
Our client is asking for offers over £180,000 for this site. Only unconditional offers will be considered.

OUTGOINGS
The VOA shows a rateable value of £5,800. The rates payable will be circa £2785 per annum. This doesn't include any applicable small business rates relief. Please note that Grade II Listed properties do not pay business rates when they are vacant.

VIEWING
All viewings to be arranged and accompanied by HRD Commercial. Due to the condition of the property persons viewing must take great care and do so at their own risk.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
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