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Retail Property (high street) for sale

High Street, Shanklin

£295,000

Property Description

Full description

Tenure: Freehold

LOCATION
Situated on Shanklin High Street, this property is ideally located to benefit from high footfall and trade between Shanklin Old Village and Regent Street. Recent new businesses and regeneration on the High Street has made this a popular location for tenants and investors alike.

DESCRIPTION
Currently trading under A3 of the Use Classes Order 2005 this property would suit a variety of uses subject to gaining the necessary consents.
This substantial property offers accommodation over 4 floors and has the added benefit of access to Orchardleigh Road car park at the rear.
Accommodation currently comprises:
Basement - with various storage rooms/areas, cellar, access to the courtyard and Orchardleigh Road car park.
Ground Floor - With access in from the High Street the current space offers approximately 95 sq m of clear trading space (5.86m x 16.3m). Room off previously used as a commercial kitchen (8.1m x 3.4 m max). 2 x WC's. Fire escape access to rear.
First Floor - Clear space of approx. 72 sq m approx. (6.0m x 12.1m). 2 x WC's. Fire escape access to rear.
Second Floor - Currently utilised as residential accommodation, this could be separated from the commercial element. Open plan Living Room (6.09m x 7.75m) with fitted Kitchen, Bedroom 1 (4.9m x 3.9m) with en suite bathroom, Bedroom 2 (3.3m x 3.3m), Family Bathroom and Utility Room.

The vendor has recently applied for planning permission for conversion of the following:
Basement to a 2 bedroom apartment, the ground floor rear to a 1 bedroom apartment with commercial fronting the High Street, first floor conversion to 2 bedroom apartment and second floor conversion to a 2 bedroom apartment.

SERVICES
All mains services are connected.

TERMS
The property is held on a long leasehold, 900 years from 1881. Our client is asking for £295,000 for this property.

OUTGOINGS
Business Rates show £12,250, Rates payable per annum approx. £6,040.

VIEWING
All viewings to be arranged via HRD Commercial 01983 527727.


More information from this agent

Nearest stations

  • Shanklin (0.4 mi)
  • Lake (1.4 mi)
  • Sandown (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Shanklin (0.4 mi)
  • Lake (1.4 mi)
  • Sandown (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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