Summary - 30, ST THOMAS STREET PO33 2DL
1 bed 1 bath Restaurant
**Standout Features:**
- Size: 1,593 sq ft, offering extensive dining and kitchen space
- Location: Prime corner position with views of Ryde Pier and the Solent
- Established business: Profitable Italian restaurant with over 70% gross profit margin
- Licensing: Fully licensed with outdoor seating for up to 12 patrons
- Parking: Off-street parking available nearby
**Potential Concerns:**
- Crime: High-crime area
- Area Deprivation: Deprived classification
- Maintenance: Requires ongoing upkeep typical of commercial properties
This exceptional freehold opportunity presents a spacious and well-established restaurant in Ryde, with 1,593 sq ft of interior space, ideal for culinary ventures or investment. The thriving Italian eatery benefits from a desirable corner location, boasting picturesque views of the nearby Solent and easy access to transport links. The inviting rustic dining area, combined with a separate pizza zone and outdoor seating, creates a versatile environment to cater to a variety of customers.
Although the area has a high crime rate and is classified as deprived, the commercial potential remains strong due to consistent high profits and a captive audience from both locals and tourists. With a current asking price of £120,000, this listing represents a unique investment for hospitality enthusiasts looking to capitalize on a successful business model in a bustling, marketable location. Don’t miss this opportunity to own a well-regarded establishment poised for continued growth in one of the Isle of Wight's largest towns.
3 bedroom maisonette for sale in Ventnor, Isle of Wight, PO38 — £325,000 • 3 bed • 1 bath
1 bedroom character property for sale in Church Street, Ventnor, Isle of Wight, PO38 — £450,000 • 1 bed • 1 bath • 1040 ft²
Restaurant for sale in High Street, Ventnor, PO38 — £195,000 • 1 bed • 1 bath
Restaurant for sale in Toto, 15 St. Thomas' Square, Newport, PO30 1SL, PO30 — POA • 1 bed • 1 bath • 1943 ft²
3 bedroom town house for sale in Ryde, Isle of Wight, PO33 — £295,000 • 3 bed • 1 bath • 1260 ft²
High street retail property for sale in Madeira, 38 Simeon Street, PO33 — £85,000 • 1 bed • 1 bath • 538 ft²
