High Street, Shanklin
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
1,088 sq ft
101 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- IDEAL INVESTMENT PROPERTY
- SHOP & SPACIOUS 2 BED FLAT
- KITCHEN/DINER
- TOWN CENTRE LOCATION
- ANNUAL INCOME (on full occupation) £15,336
- GAS CENTRAL HEATING & uPVC DOUBLE GLAZED
Description
The shop is currently let at £583 per calendar month and the flat is rented at £695 per calendar month making an annual income ( based on full occupation) of £15,336. Interested applicants should contact the office for further details of the tenancies. The accommodation comprises:
Ground Floor Shop -
Main Shop Area - 6.15m max x 4.98m (20'2 max x 16'4) - with glazed window displays
Inner Shop Area - 4.27m 1.22m x 3.35m (14' 4 x 11') -
Back Shop - 3.45m x 3.05m (11'4 x 10') - Rear staff area comprising staff kitchen area with sink, store cupboard, shower room and two stockrooms. Door to outside with pedestrian access onto Orchardleigh Road and with further store.
Rear Staff Area - comprising staff kitchen area with sink, store cupboard, shower room and two stockrooms. Door to outside with pedestrian access onto Orchardleigh Road and with further store.
First Floor Flat - comprising ground floor entrance hall with under stairs storage area leading to first floor and landing
Lounge - 5.31m into bay x 3.86m (17'5 into bay x 12'8) -
Bedroom 2 - 2.11m x 3.45m (6'11 x 11'4) -
Bathroom -
Kitchen - 4.39m x 3.28m (14'5 x 10'9) - with Valiant Gas Fired boiler supplying domestic hot water and central heating
Bedroom 1 - 3.35m x 3.40m into wardrobes (11' x 11'2 into ward -
Separate Wc -
Services - Shop- mains electricity, water and drainage
Flat - all main services available
Tenure - Freehold (tbc)
Council Tax - Flat Band A
Shop Uniform Business Rate £5,200 (1 April 2023/24)
Can be confirmed by IOW Council.
We understand that there maybe Small Business Rate Relief available on the shop. Applicants should enquire to the IOW Council for confirmation.
Brochures
High Street, ShanklinBrochureCouncil TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Ask agent
High Street, Shanklin
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shanklin Station0.3 miles
- Lake Station1.3 miles
- Sandown Station2.6 miles
About the agent
Arthur Wheeler Estate Agents, Shanklin
46 Regent Street, Shanklin, PO37 7AA
Arthur Wheeler Estate Agents have been established in Shanklin for over 50 years and we pride ourselves on being a friendly and independent agency offering a professional service coupled with extensive local knowledge.
From our well positioned offices in the main shopping area of Shanklin, we offer a quality service to both our buyers and sellers wishing to move in the South Wight area. We offer all types of property, both residential and commercial, from first homes to country properti
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32991098. 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 Arthur Wheeler Estate Agents, Shanklin. 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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