This freehold end-terrace building in Ryde's prime retail location, Union Street, offers a unique investment opportunity. The ground floor is let to a commercial tenant under a 7-year lease, producing a worthwhile income of £12,000 per annum. The lower ground floor is a vacant one-bedroom flat, while the remaining five residential flats are sold on long leases, paying a ground rent to the freeholder. The freeholder also arranges for building management insurance and recoups the cost through a service charge to the lessees. The property benefits from a small courtyard and has a D EPC rating. The flats are sold on 150-year leases from 2002, with a ground rental of £25 per flat, per annum.