Commercial Investment for Auction Ryde PO33
Guide Price £60,000. This commercial property is let to a local charity on a lease which has the provision for a rolling break option on a month’s notice from either party. It is considered that there are excellent prospects for re-letting to a new tenant on better commercial terms. Let under the terms of an annual lease expiring 23rd April 2025 at a current rental of £6,500 per annum. There is a mutual break option exercisable on a month’s notice. The lease is contracted out of the Landlord & Tenant Act 1954 protection.
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