Cross Street, Shanklin, PO37 6BU

Centre for sale

£149,950


Opportunity to purchase a substantial commercial unit with residential in Shanklin Town Centre.

LOCATION
Situated on the corner of Cross Street and North Road in Shanklin, this prominent corner unit is opposite Regent Street and benefits from good visibility to passing traffic.

Shanklin offers a population circa 9000 (2011 census) and is a great shopping and retail hub to the south of the Island. Benefitting from year round trade and a boost in numbers in the summer season due to the high volume of tourists visiting the Old Village each year.

Shanklin offers good links to Lake, Sandown and Ryde via the railway and easy access to Ventnor.
DESCRIPTION
A substantial ground floor & part first floor commercial unit currently trading as a hair salon. The whole property offers approximately 200 sq m (2152 sq ft) including staff areas and reception.

To the rear of the unit with a separate access is a ground floor one bedroom managers flat with open plan living room/kitchen, shower room and WC.
TERMS
Our client is asking guide price £149,950 for this substantial property.
OUTGOINGS
The VOA shows a rateable value of £10,000, using the current UBR the rates payable will be approximately £5,040 not including any small business rates relief where applicable. Please note once the conversion of part has been undertaken the unit will need to re-assessed for business rates.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 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

Director

Lisa Mercer

Manager

Rhys King

Surveyor

Janet Morter

Negotiator

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: [email protected]