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COMMERCIAL

Cross Street, Cowes

£320,000
Marvins, Cowes
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • COMMERCIAL PREMISES
  • PREVIOUSLY USED AS OFFICE AND SHOP
  • OFFERS A VARIETY OF USES
  • CENTRAL LOCATION
  • VISUAL FROM THE HIGH STREET
  • NEW LEASE TO BE FORMED

Description

This Commercial and residential premise is located in central Cowes and offers an excellent investment opportunity. Comprising at ground floor level, a retail premises with a attractive rental income and a Two bedroom Maisonette above with its own entrance from Denmark Road, currently let on a shorthold tenancy basis providing additional rental income . Cowes town has a lively high street and enjoys the benefits of a world renown Yachting centre and a high speed passenger ferry connection to Southampton. Viewing is by appointment with the vendors' agents.

Glazed Frontage And Entrance Door From Cross Stree -

Main Shop - 4.32m x 2.59m (14'2" x 8'6") -

Kitchen - 4.45m x 2.95m (14'7" x 9'8") -

Rear Lobby - Under stairs storage cupboard. Separate low level WC.

Tenure - Energy Rating and Score - 85 D
The shop is let on the balance of a 3 Year lease from 2023. The current rental is £8000 Pa rising to £9000 in the next year.

1a Denmark Road, Cowes PO31 7SY

Entrance Door To: - Entrance Hall with stairs to upper floor off. Tiled floors. Built in cupboard.

Kitchen/Diner - 4.39m x 2.59m (14'5" x 8'6") - Radiator. Range of fitted floor and wall cupboards with bevel edged work tops over. Stainless steel sink unit with mixer tap. Built in electric oven with gas hob. Tiled floor. Door to shared patio and storage shed.

First Floor Landing - Stairs to upper floor off. Radiator.

Bedroom - 3.61m x 2.72m (11'10" x 8'11") - Built in wardrobe cupboard. Double glazed window.

Lounge - 4.52m x 3.38m (14'10" x 11'1") - Double glazed window. Radiator.

Top Floor

Bedroom - 4.55m x 3.35m (14'11" x 11') - Radiator. Double glazed window.

Bathroom - Large built in cupboard housing Vaillant boiler. Panelled bath. Tiled shower cubicle. Low level WC and pedestal wash basin. Heated towel rail. Double glazed window.

Store - 4.19m x 2.13m (13'9" x 7') -

Outside - To the rear of the shop and adjacent to the Flat Kitchen at ground floor level is a Courtyard area with access to the store.

Tenure - 1a Denmark road ,Flat above EPC Rating Current - 51 E Potential 62 D.
Flat 1a Council tax band B. Currently let on a Shorthold basis to long standing Tenants paying a monthly rental of £500 PA.

Brochures

Cross Street, CowesBrochure

Energy Performance Certificates

EE Rating

Cross Street, Cowes

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ryde Pier Head Station6.2 miles
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About Marvins, Cowes

41a High Street, Cowes, PO31 7RS

Marvins is an independent Estate Agency covering the Isle of Wight specialising in the sale of residential property and one of the Island's most prominent names on the Island since 1868.

Covering the whole Island from, the key to our on-going success is consistency in personnel and performance. If you bought a house from us 5 or 25 years ago, the chances are you'll be dealing with the same people again today!

Business does not need to be complicated; our belief is in keeping things simple. We look at best practices in the industry and then try a little bit better at everything we do.

We strive for better marketing, better service, better results. Not dramatic changes, no reinvention, just better across the board. From your initial contact, to the preparation of your detailed particulars and on-going communication throughout the transaction.

Ian, Debbie and Jo, very much look forward to welcoming you to Cowes and helping with all your property needs.

Notes

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Disclaimer - Property reference 33847740. 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 Marvins, Cowes. 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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