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23, 24 & 25 Newport Street, Ryde... 4 bed property for sale
23, 24 & 25 Newport Street, Ryde, Isle Of Wight
£290,000
23, 24 & 25 Newport Street, Ryde, Isle Of Wight
£290,000
Our Summary
- While the car parking undoubtedly offers scope/potential for redevelopment we are advised by the seller that the owners of the landlocked parcel of land to the rear of the site have previously enquired as to the possibility of purchasing the car park individually or purchasing access rights, therefore, this may be an additional avenue that the new owners may wish to pursue
- 11 acres) and prospective purchasers may prefer to consider a scheme for full site redevelopment at the end of the existing commercial lease, subject to all necessary consents being obtainable
- Freehold with Part Vacant PossessionResidential EPC: DCommercial EPC: TBCImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
- Auction Date : 30 October 2025
- For Sale by Online Auction
Description
This unique property consists of a detached four-bedroom house, a commercial investment, and a town center car park, all situated in the heart of Ryde. The house has been let to a local Housing Association for many years and has been restored to its original condition. The commercial building is let at £5,720 per annum under a five-year lease, while the car park provides parking for both the house and the commercial unit. The property occupies a 0.11-acre site, and prospective buyers may consider redeveloping the site at the end of the commercial lease, subject to obtaining necessary consents. The car park also offers potential for redevelopment or access rights to the adjacent landlocked parcel of land.