(01983) 209020

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High Street, Ryde
£100 per week

Let STC
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  • Prime High Street Location
  • Long secure let available
  • Large premises
  • A1 Use Class
  • Move-In ready
  • Separate rear access

Prominent FRONTAGE within a high footfall section of Ryde HIGH STREET, offering good passing trade suitable for a variety of businesses. Large internal accommodation stretching to circa 62.75m2. Separate side access. ‘Move In’ ready.

HOLDING DEPOSIT
A Holding Deposit will be payable equal to (but not exceeding) one week´s apportionment of the agreed sum of rent payable for the property applied for.

Example: Rent of £750 x 12 months = £9,000 pa / 52 weeks x 1 weeks = £173.07 Rounded down to £150.00

 

TENANCY DEPOSIT
The sum of a ´cash´ tenancy deposit payable shall be no more than a sum equal to 5 weeks´ rent, including any 'pet rent' (rounded down to the nearest £5 or £10). 
Example: Rent of £750 x 12 months = £9,000 pa / 52 weeks x 5 weeks = £865.38 Rounded down to £865.00


PERMITTED FEES - charged in accordance with the Tenant Fees Act 2019

Default fee for unpaid rent:  Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Default fee for the agent replacing keys or other security devices lost by the tenant:
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).  Alternatively the tenant may arrange and pay for their own locksmith services and must provide a copy of any new keys or security devices to the agent within 24 hours.

Variation of the tenancy agreement following tenant's request:  £120 (inc. VAT) to cover the costs associated with the agent’s time in taking landlord´s instructions, any legal advice, as well as the preparation and execution of new legal documents.

Tenant's request for the early termination of the tenancy agreement:
Should the tenant wish to leave their contract early, they shall be liable to the landlord´s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.  In a typical situation the fee would be £540 (inc. VAT) to cover re-letting (paid prior to remarketing) and be liable for the rent up until the new tenant takes responsibility for the property.


CLIENT MONEY PROTECTION (CMP)
It is a legal requirement for a letting agent to hold CMP. It protects landlords and tenants from any misappropriation of their money. 

THE PROPERTY OMBUDSMAN SCHEME (TPOS)
Lancasters Estate Agents are members of TPOS.  In the event of dispute between agent and client that cannot be resolved without third party intervention clients may refer a complaint to TPOS redress scheme.

 

Lancasters Estate Agents is a trading name of Lightwater Property Ltd registered in England No.06986499.  VAT No.978596533

 


Shop (main)

18' 4'' x 12' 2'' (5.6m x 3.7m)

Reception

4' 7'' x 4' 3'' (1.4m x 1.3m)

Room 1

11' 0'' x 5' 8'' (3.35m x 1.73m)

Room 2

10' 6'' x 6' 11'' (3.2m x 2.11m)

Bedroom 3

8' 4'' x 6' 11'' (2.55m x 2.1m)

WC

6' 11'' x 3' 7'' (2.1m x 1.1m)

Utility

7' 7'' x 3' 3'' (2.3m x 1m)

Lease Terms

Min 2 Year term, rolling thereafter. Longer lease available if you wish.

VOA

VOA info: 62.75m2 Rateable Value £5,400 We understand this property qualifies for Small Business Rates Relief which would take the Business Rates bill down to ZERO - subject to the tenant's status. Prospective tenants are advise to undertake their own research in this regard. https://www.tax.service.gov.uk/business-rates-find/valuations/16742829000

Services

We understand the property benefits from Electric and Water supply, plus a new Gas supply recently fitted (not yet connected to any appliance).

Use Class

Currently A1 - SHOPS (Shops, retail warehouses, hairdressers, undertakers, travel and ticket agencies, post offices, pet shops, sandwich bars, showrooms, domestic hire shops, dry cleaners, funeral directors and internet cafes). Previously the property has also been used as A5 - HOT FOOD TAKEAWAY (For the sale of hot food for consumption off the premises).


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High Street
Ryde PO33 2RE
County: Isle Of Wight
Sale Type: Let STC
Ref #: LEA3148

P: 01983 209020
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