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Retail Property (high street) for sale

High Street, Shanklin

Guide Price* £210,000

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 and been granted (April 2018) 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.

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

PLANNING
Planning permission has been granted under P/01412/17 for the conversion of basement and commercial kitchen on ground floor to create two additional flats; alterations to shop front to provide new entrance; removal of chimney extract; installation of new windows and roof lights within south and west elevations.

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.

Disclaimer - Property reference 101276025109. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hose Rhodes Dickson, Newport on 01983 521144.


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