Mixed Use Investment for Auction Ryde PO33 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

Guide Price: £145,000
Auction Date: 06/02/2025

Guide Price £145,000 - £155,000. This freehold end-terrace building occupies a prime site. The ground floor at the front of the building is let under the terms of a commercial lease producing a very worthwhile income of £12,000 per annum. The lower ground floor area to the rear of the building is a vacant one-bedroom flat. The remainder of the building is arranged as five residential flats which have been sold off on long leases paying a ground rent to the freeholder.

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