Lot 34


159 High Street, Ryde, Isle of Wight, PO33 2HT
159 High Street, Ryde, Isle of Wight, PO33 2HT

Currently let at £13,075 per annum

Located in Ryde's pedestrianised High Street, this commercial premises is currently let under the terms of a 10-year lease from January 2020 at a rental of £13,000 per annum. The first floor flat has been sold under the terms of a 125-year lease from 23rd December 2004, with a ground rent of £75 per annum payable.


Ground Floor

Main restaurant/dining area, serving area, commercial kitchen and staff cloakroom with W.C.


Occupied under the terms of a 10 year lease from January 2020. Further details and a copy of the lease will be available within the legal pack.


First Floor Flat

Sold under the terms of a 125 year lease from 23rd December 2004 at a ground rent of £75 per annum.


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/