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6-8 George St 1,565 SF Retail Building Ryde PO33 2EB $541,191 CAD ($345.81 CAD/SF)



Investment Highlights
- Valuable site with a variety of buildings
- Prominent location just a few steps from the Esplanade and within easy reach of Ryde Town Centre
- Suitable for a range of occupiers
- Open yard of mixed surfacing
Executive Summary
Of particular interest to developers, investors or owner-occupiers is this valuable site with a variety of buildings, suitable for a range of occupiers and available now to purchase.
Price Guide – £290,000 (Freehold).
The subject premises comprises a retail property with an open yard of mixed surfacing, around which there are a number of buildings which include: former car showroom, Mews Cottage, three workshops/stores and a terrace of five lock-up garages.
Occupying a prominent location just a few steps from the Esplanade and within easy reach of Ryde Town Centre, and particularly Union Street, the site and buildings could suit a wide variety of occupiers and usages, including potential redevelopment, subject to any necessary consents.
Ryde itself is well-known as a commercial centre on the Island, with a varied retail and hospitality offering both across the Esplanade itself but also in the nearby Union Street, and the Town Centre and High Street also offer a wealth of commercial occupiers. Ryde also boasts the largest residential catchment area of any town on the Island and is therefore busy year-round, with a significant seasonal boost from tourists.
The Esplanade is home to the new Ryde Transport Interchange and Station, with a railway serving the Eastern Wight through to Shanklin, and also the regular and quick passenger ferry crossings to Portsmouth and Southsea from the Pier Head and Esplanade respectively. The associated beaches and leisure facilities are popular with locals and holiday-makers alike.
The subject premises have been used in the past for vehicle sales and hire and workshops, and also for parking.
Former ‘Showroom’: 44’6’’ x 18’3’’, to provide some 820ft² (76.1m²) gross internal area. This premises has a frontage to George Street, and rear access doors, and an adjoining small building housing two WC facilities and a kitchenette.
Former ‘Mews Cottage’: Also fronting George Street, with a ground floor measuring some 15’6’’ maximum x 16’7’’, to provide about 255ft² (23.8m²), currently subdivided by a partition wall. ‘Mews Cottage’ also includes a first floor of the same dimensions of the ground floor, but please note that this part of the building has not been inspected by the agent.
Three Former Workshops/Stores: To the rear of the site, and all of which are linked by a wide passageway of some 15’ x 5’5’’. Workshop 1 (RHS) is approximately 15’8’’ x 16’8’’, Workshop 2 (Middle) is of some 31’5’’ x 22’ average and of irregular shape, and Workshop 3 (LHS) is some 23’2’’ x 14’. Overall, these units provide in the order of 1,565ft² (126.8m²) gross internal area.
Terrace of Five Lock-Up Garages.
Price Guide – £290,000 (Freehold).
The subject premises comprises a retail property with an open yard of mixed surfacing, around which there are a number of buildings which include: former car showroom, Mews Cottage, three workshops/stores and a terrace of five lock-up garages.
Occupying a prominent location just a few steps from the Esplanade and within easy reach of Ryde Town Centre, and particularly Union Street, the site and buildings could suit a wide variety of occupiers and usages, including potential redevelopment, subject to any necessary consents.
Ryde itself is well-known as a commercial centre on the Island, with a varied retail and hospitality offering both across the Esplanade itself but also in the nearby Union Street, and the Town Centre and High Street also offer a wealth of commercial occupiers. Ryde also boasts the largest residential catchment area of any town on the Island and is therefore busy year-round, with a significant seasonal boost from tourists.
The Esplanade is home to the new Ryde Transport Interchange and Station, with a railway serving the Eastern Wight through to Shanklin, and also the regular and quick passenger ferry crossings to Portsmouth and Southsea from the Pier Head and Esplanade respectively. The associated beaches and leisure facilities are popular with locals and holiday-makers alike.
The subject premises have been used in the past for vehicle sales and hire and workshops, and also for parking.
Former ‘Showroom’: 44’6’’ x 18’3’’, to provide some 820ft² (76.1m²) gross internal area. This premises has a frontage to George Street, and rear access doors, and an adjoining small building housing two WC facilities and a kitchenette.
Former ‘Mews Cottage’: Also fronting George Street, with a ground floor measuring some 15’6’’ maximum x 16’7’’, to provide about 255ft² (23.8m²), currently subdivided by a partition wall. ‘Mews Cottage’ also includes a first floor of the same dimensions of the ground floor, but please note that this part of the building has not been inspected by the agent.
Three Former Workshops/Stores: To the rear of the site, and all of which are linked by a wide passageway of some 15’ x 5’5’’. Workshop 1 (RHS) is approximately 15’8’’ x 16’8’’, Workshop 2 (Middle) is of some 31’5’’ x 22’ average and of irregular shape, and Workshop 3 (LHS) is some 23’2’’ x 14’. Overall, these units provide in the order of 1,565ft² (126.8m²) gross internal area.
Terrace of Five Lock-Up Garages.
Property Facts
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Dealership
Building Size
1,565 SF
Building Class
C
Year Built
1970
Price
$541,191 CAD
Price Per SF
$345.81 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.16
Lot Size
0.22 AC
Frontage
77’ on George Street
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Nearby Major Retailers
1 of 5
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6-8 George St
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