£65,000
Retail premises for saleHigh Street, Shanklin PO37
Share of Freehold
About this property
Double fronted shop
Ideal for owner/operator or investment
High street location
Close to the old village
Offered for sale is a double fronted lock up shop premises being well located approximately half way up the High Street area of the Town. Nearby is the additional trading area of Regent Street and the picturesque Old Village area which is very popular with tourists. The shop is currently used as an office and in recent times has also been operated as a Beauty Salon and a retail outlet. Alternatively, it would suit as an investment and the most recent rent achieved was £6,600.
Recessed Covered Entrance Door
With feature original step
Main Area (4.55m x 6.10m max (14'11 x 20'0 max))
Lobby Area
Leading to
Office (2.77m x 2.26m (9'1 x 7'5))
Staff Room/Kitchen (3.86m x 1.63m (12'8 x 5'4))
Stainless steel single drainer sink unit with cupboard under. With cold tap & Triton electric hot water heater. Door off to
Cloakroom
Low level WC. Corner hand basin.
Lease Details
Held on the balance of a 810 year Lease (less 10 days) from 1871. The Freehold is owned by the “47 High Street Man Co Ltd” of which the shop is a 25% shareholder. The building insurance premium and communal maintenance to the building is on an equally shared 25% basis.
Rateable Value
£4,800
Services
Mains electricity, water and drainage.
Epc Rating
C - Score of 66
Recessed Covered Entrance Door
With feature original step
Main Area (4.55m x 6.10m max (14'11 x 20'0 max))
Lobby Area
Leading to
Office (2.77m x 2.26m (9'1 x 7'5))
Staff Room/Kitchen (3.86m x 1.63m (12'8 x 5'4))
Stainless steel single drainer sink unit with cupboard under. With cold tap & Triton electric hot water heater. Door off to
Cloakroom
Low level WC. Corner hand basin.
Lease Details
Held on the balance of a 810 year Lease (less 10 days) from 1871. The Freehold is owned by the “47 High Street Man Co Ltd” of which the shop is a 25% shareholder. The building insurance premium and communal maintenance to the building is on an equally shared 25% basis.
Rateable Value
£4,800
Services
Mains electricity, water and drainage.
Epc Rating
C - Score of 66
Mortgage calculator
Monthly repayment
£325 per month
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