Modern industrial unit, built in 2004 situated at the well-known Ryde Business Park, occupiers of the units include Travis Perkins, Royal Mail, F W Marsh, Sydenhams Hire Centre, and Wight Tyres. Ryde 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 24,000ft² Co-Operative supermarket in addition to Peacocks, WH Smith, Costa Coffee, The Card Factory, Specsavers, Superdrug, The Works, Poundland, J D Wetherspoon and Dominos. The town has benefitted recently from restoration works to many of its Victorian buildings and now presents as a smart and lively shopping area.
Industrial unit with a total ground floor area of circa 282m² (3,041ft²), plus a mezzanine. There would be space to install a lift if required. The unit has roll-up shutter doors of circa 4m (13.1ft) in heigh, and benefits from designated parking. There is 3-phase electricity, gas, and water to the property. The entire unit is available, so it may be possible to negotiate if a specific size unit is required. Please see floor plan for further detail of the suggested splits. The unit can be available as a whole also if desired.
Offered by way of a new lease at £25,000 per annum (plus VAT) for this partition. Otherwise, the unit could be let as a whole, being circa 658m² (7,083ft²) with a rent of £68,000 per annum (plus VAT).
Rateable Value: TBC
2024/2025: £0.512p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000
Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on 01983 301434. E: gchambers@gullyhoward.com or mwilliams@gullyhoward.com.
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