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3 School Green Road

Offers in Region of
£195,000

Business rates & charges may apply

Hose Rhodes Dickson, Newport
SIZE

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SECTOR

Commercial property for sale

Floor/Site plan 1
1

Description

LOCATION
Well located in the centre of Freshwater in a busy area with high footfall generated by the property's proximity to Sainsbury's Local store, Hurst's Ironmongers, Freshwater Post Office and various other specialist retailers and eateries.

Freshwater is the most important town in the West of the Island with an immediate population of around 5,000. The geographic features of the area - Tennyson Down, Alum Bay and Yarmouth Harbour amongst others - attract a wide range of tourists as the season for the purely beach holiday extends by walkers, sailors, cyclists, fishermen and golfers on Freshwater's cliff top course as well as those pursuing the cultural history of the area with Alfred Lord Tennyson and Julia Margaret Cameron amongst the Victorian artistic community.

DESCRIPTION
Whole building for sale comprising ground floor commercial premises running to a total of approximately 71.7 m² (771 ft²) with the main retail space running to circa 51.6 m² (555 ft²).

The property also benefits from a generous frontage to School Green Road of 7.6 metres (25 ft). Please see floor plan for further details.

The first and second floors are arranged as a flat with a separate entrance from the rear of the property. The flat has now been let on a 12 month Assured Shorthold Tenancy at the reduced rate of £700 per calendar month due to the poor overall condition. Investors could modernise and improve the flat to gain greater rental yield.

The flat comprises 3 bedrooms on the top floor, with a large open plan living room/dining room to the front of the property plus kitchen, bathroom and separate toilet facility all located on the 1st floor.

TERMS
For Sale with offers invited "in the region of" £195,000 for the benefit of the freehold interest of the whole property, subject to the existing tenancy.

OUTGOINGS
Rateable Value: £8,400

2024/2025: 54.6p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on

VIEWING
Strictly by appointment with the agents. Call Lisa Mercer or Charlie Dickson on or email

Brochures

3 School Green Road

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lymington Pier Station5.2 miles

About Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.

The company has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.

Our record of success has been built upon a single-minded desire to provide our clients, with a top class personal service delivered by highly motivated and trained staff. A sign of this success is the fact that a large proportion of our business is from referrals, satisfied Clients who have recommended us to friends and family.

So, if you want professional help and advice on all aspects of moving home please contact us on the above number or call into our office.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 101276042360. 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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