69-71 Regent Street, PO37 7AE

High Street Property to rent

£10,000 per annum

A great opportunity to lease a well known commercial unit in Shanklin.

Situated on the sought after location of Regent Street this property is close to Peacocks, Lloyds chemist, British Heart Foundation and other boutique retailers. Regent Street is the main shopping area of Shanklin and benefits from national retailers, various eateries and high footfall.

Shanklin has a population of just over 9,000 and is a seaside resort but benefits from tourists all year round. The town also offers the first stop for the Island's train and is within easy reach of other towns including Ventnor, Sandown and Ryde accessed via the main A3055.
Offered to lease is a ground floor unit of approximately 122 sqm (1313 sq ft), 90sqm (968 sq ft) of this being retail space.

The property offers good display windows to the front, store room to the rear with kitchen and staff area plus WC.

There is a suspended ceiling, wooden flooring to the retail area and racking in situ.
Our client is offering a new lease at an annual rent of £10,000 per annum.
The VOA shows a rateable value of £14,250. Using the current business rates multiplier, rates payable will be approximately £7,180. This figure doesn't include any applicable small business rates relief.
For all viewings please contact HRD Commercial on 01983 527727.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes


Lisa Mercer


Rhys King


Janet Morter


Laurie Calloway

Property Consultant

Edwina Grist


Tel: 01983 527727 Email Us: [email protected]