St Thomas' Square, Ryde, Isle of Wight
£199,950 (Freehold)
£13,000 (Rental per annum)
Arrange ViewingBasement, ground floor, first and second floor all with excellent views and visibility.
Situated in St Thomas' Square, at the very top of Union Street, the primary thoroughfare from the Esplanade to the High Street. A high footfall site which is arguably in one of the most prominent commercial locations on The Isle of Wight.
Class E usage. Ideal for retail, restaurant, or professional services. Potential for upper-floor residential conversion (STPP).
| Tenure | Freehold - all enquiries considered |
|---|---|
| Rateable Value | Currently benefits from Small Business Rate Relief - £0 |
| EPC Rating | C |
This is a rare opportunity to acquire a former salon in the beating heart of the Isle of Wight's largest town and long-established commercial centre. Ryde benefits from strong local trade plus a seasonal influx of visitors arriving by fast catamaran and hovercraft, which boosts footfall along the High Street, Union Street and the Esplanade.
The town is seeing heritage-led regeneration to enhance its historic core and make the high street more attractive to retail, leisure and hospitality businesses. Nationally-funded initiatives targeted at improving shopfronts, restoring buildings and upgrading the public realm are helping to create an environment where new businesses can thrive.
Ryde's retail mix - national names alongside a lively independent sector of boutiques, cafés and specialist shops - gives a town-centre unit excellent potential whether you're planning a retail store, café/restaurant or mixed-use business. For a broader view of Ryde as a shopping and visitor destination, see this overview: Isle of Wight — shopping & visitor guide.
In short: a centrally located, flexible premises in Ryde offers both immediate trading potential and the opportunity to benefit from ongoing town-centre improvements — an attractive proposition for investors, business owners and entrepreneurs alike.
Viewings are strictly by appointment only.