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COMMERCIAL

Castle Street, East Cowes

£360,000
Marvins, Cowes
PROPERTY TYPE

Commercial Property

BEDROOMS

3

SIZE

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Key features

  • DESIRABLE COMMERCIAL PROPERTY
  • GREAT INVESTMENT OPPORTUNITY
  • PUB AND SPACIOUS THREE BEDROOM APARTMENT
  • WELL APPOINTED LIVING SPACE
  • CLOSE PROXIMITY TO FERRY LINKS
  • IDEAL FOR A VARIETY OF PURCHASERS

Description

Positioned in the heart of East Cowes on Castle Street, this desirable commercial property presents a great investment opportunity. The ground floor is currently leased to a Ship & Castle pub, and therefore generating income for the discerning investor. Above the Pub you will find a spacious three-bedroom apartment that spans the first and second floors. This well-appointed living space would be ideal for a variety of purchasers including those seeking an income from the property; it would very much sailing crew given its close proximity to Marinas, and Floating Bridge Cowes.

The property benefits from its prime location, being in close proximity to ferry links, which enhances its attractiveness for both residents and visitors alike. The vibrant atmosphere of East Cowes, combined with the convenience of nearby transport options, makes this property a strategic choice for investment.

Whether you are looking to expand your portfolio or seeking a unique opportunity in the commercial sector, this property on Castle Street is not to be missed. With its dual income potential from the pub and the residential apartment this Freehold property offers a discerning investor a great opportunity.

The Apartment - As part of the Freehold building is the Apartment arranged over the first and second floor. Details below:

Entrance Door to:

Hallway - Private entrance off Marsh Road. Stairs off to first floor. Radiator.

First Floor - Stairs off to second floor. Radiator.

Bathroom - Contemporary white suite with bath and shower over. WC. Vanity unit with wash hand basin. Heated towel rail. Door to outside roof terrace.

Kitchen/Diner - Super bright room with a double aspect. Fitted with a range of contemporary units with integral double oven and gas hob, fridge freezer and dishwasher. Breakfast bar peninsula. Radiator. Spacious dining area/living space.

Lounge - Bay window offering views towards the River Medina. Radiator.

Second Floor -

Landing - Radiator.

Bedroom One - Window with views over the River towards West Cowes. Radiator.

Bedroom Two - Window with side aspect. Radiator.

Bedroom Three - Window with side aspect. Radiator.

Outside - There is a roof terrace accessed via the Bathroom.

Tenure - The Property is Freehold.

The Ship & Castle Pub is leased and generates £15,000 per annum.

Brochures

Castle Street, East CowesBrochure

Castle Street, East Cowes

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ryde Pier Head Station5.8 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.

Notes

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Disclaimer - Property reference 34831636. 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.