Retail premises for sale

Lind Street, Ryde PO33

Strapline

Auction Sale - 10/12/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -

Of interest to investors and developers - A rarely available iconic Grade II listed landmark in the heart of Ryde and one the Isle of Wight’s most characterful historic buildings, used as a former theatre/ town hall and historical land mark, built in 1883. Net internal Area 1,565.27m2 (16,848.43 ft2) (Excludes internal stairwells and similar spaces)Proposed plans to re-develop into residential block of flats (subject to requisite consents). Well located in the heart of Ryde a short distance from the seafront and pier.

Description

A prominent and architecturally striking former civic building, the property was designed as Ryde Town Hall and later adapted as a theatre and entertainment venue. The building offers generous internal volumes and a grand façade, making it ideally suited for a conversion-led development or adaptive re-use project.

Internally, the structure includes a main auditorium with full stage and fly-tower height, balcony seating, and multiple ancillary rooms. Period features remain throughout, although the property now requires complete refurbishment.

This is a rare freehold opportunity to acquire one of the Isle of Wight’s most distinctive heritage buildings, with substantial redevelopment potential to create boutique apartments, a hotel, cultural venue, or mixed-use scheme (subject to requisite consents).

Location

Situated on Queens Road, close to the junction with Lind Street (A3054), the property is within easy reach of Ryde High Street and local amenities. The seafront and Ryde Pier Head are nearby, with regular ferry services to the mainland.

Ryde is one of the Isle of Wight’s principal towns and the island’s largest coastal resort, positioned on the north-east shoreline overlooking the Solent towards Portsmouth. Known for its attractive seafront, sandy beaches, and period architecture, Ryde combines traditional seaside charm with a growing reputation for leisure, residential and tourism investment.

The town provides a comprehensive range of shops, cafés, restaurants and local services centred around the High Street, Union Street and Esplanade. A variety of boutique hotels and independent retailers contribute to a vibrant and improving town centre environment.

Ryde benefits from excellent transport links to the mainland and wider island. Regular Wightlink FastCat and Hover travel services operate from Ryde Pier Head and Ryde Esplanade, connecting directly to Portsmouth Harbour in approximately 10 minutes. The Island Line railway runs from Ryde Pier Head to Shanklin, with connections to the ferry terminal.

The town is approximately 10 miles from Newport, the island’s administrative centre, and 13 miles from Cowes, with access via the A3054. The surrounding area features a mix of established residential neighbourhoods, holiday accommodation and coastal attractions, contributing to Ryde’s strong year-round demand and its continued regeneration potential.

Transport

Ryde Esplanade - Island Line

Accommodation

Lower Ground Floor - Three Rooms

Ground Floor - 24 x Rooms, 6 x WC Rooms

First Floor - 8 x Rooms, 1 x WC Room

Second Floor - 4 x Rooms, 3 x WC Rooms

Net internal Area 1,565.27m2 (16,848.43 ft2)·

Ground Floor 711.78m2 (7,661.54 ft2)·

First Floor 563.2 m2 (6,062.23 ft2)·

Second Floor 290.29m2 (3,124.66 ft2)

Net internal Area 1,565.27m2 (16,848.43 ft2) (Excludes internal stairwells and similar spaces)