Lot 158


7 Cross Street, Ryde, Isle of Wight, PO33 2AD
7 Cross Street, Ryde, Isle of Wight, PO33 2AD
Sold £131,000

Currently let at £13,920 per annum

Set into a hill, with three storeys to the front and four to the rear, this impressive building is situated a short distance from the junction of Union Street and High Street, Ryde's main retail location.

The lower two floors are let under the terms of a commercial lease, while the upper two floors comprise a two bedroom flat which is at present let on an Assured Shorthold Tenancy.


Lower Two Floors

Basement (in use as storage)with cloakroom/W.C. and ground floor main sales/retail area.


Let under the terms of a Commercial tenancy, for a term of 5 years from 28th November 2017, at a current rental of £6,240 per annum.

First/Second Floor Flat

Entrance, living room, kitchen, two bedrooms and bathroom with W.C.


Let on an Assured Shorthold Tenancy, dated 24 December 2019, at a current rental of £640 per calendar month.


Courtyard to the rear, accessed via Union Road.


All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/