15 High Street, Ventnor, Isle Of Wight, PO38
Size
790
Tenure
Leasehold
EPC
Ask agent
Parking
Ask agent
- Primary use
- High street retail
- Frontage
- Ask agent
No floor / site plan
Description
Purchase Price: £65,000
Gross Initial Yield: 7.60%
VAT is NOT applicable to this property
Comprises ground floor retail shop t/a Hobby Centre
Situated in the heart of the town centre with nearby occupiers include Post Office and Premier Express, amongst others.
Property Description:
Comprises ground floor retail shop t/a Hobby Centre, providing the following accommodation and dimensions:
Ground Floor: 73.40 sq m (790 sq ft)
Open plan retail, Storage, WC
Tenancy:
The shop is at present let to Parsons Popculture Ltd t/a Hobby Centre for a term of 4 years from 8th April 2025 at a current rent of £4,940 p.a. and the lease contains full repairing and insuring covenants. Tenant option to determine on 3rd anniversary with min 6 months' notice.
Tenure:
Long leasehold. Held on a 999 year lease from 18 November 2011 at a ground rent of peppercorn.
Location:
Ventnor is a seaside resort and civil parish established in the Victorian era on the south-east coast of the Isle of Wight, England, eleven miles (18 km) from Newport. It is situated south of St Boniface Down, and built on steep slopes leading down to the sea.
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- E
- Listed building
- Ask agent
- Floors in building
- 1
- Tenure
- Leasehold
- Length of lease
- 986 years left
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
- Ask agent
- Environmental description
- Ask agent
Brochure
15 High Street, Ventnor, Isle Of Wight, PO38
About BLUE ALPINE PARTNERS LIMITED, London
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.
We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.
Together, we unlock potential.
Your search history
You have no recent searches
Disclaimer - Property reference ventnorsale. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.