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High Street, Shanklin

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

1,088 sq ft

101 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

37 High Street PLAN.JPG
1

Key features

  • IDEAL INVESTMENT PROPERTY
  • SHOP & SPACIOUS 2 BED FLAT
  • KITCHEN/DINER
  • TOWN CENTRE LOCATION
  • ANNUAL INCOME (on full occupation) £14,840
  • GAS CENTRAL HEATING & uPVC DOUBLE GLAZED

Description

FOR THE ATTENTION OF INVESTORS. An opportunity to acquire a Ground Floor Shop and a two bedroom First Floor Flat on Shanklin High Street that offers convenient access to both the picturesque Old Village and the good selection of shops and amenities of Regent Street. Also, within close proximity is the beach and Esplanade and a long stay public car park.
The shop is currently let on a 3 year lease from August 2024 at £6,500 pa and the flat was most recently rented at £8,340 pa. Interested applicants should contact the office for further details of the tenancies. The accommodation comprises:

Ground Floor Shop -

Main Shop Area - 6.15m max x 4.98m (20'2 max x 16'4) - with glazed window displays

Inner Shop Area - 4.27m 1.22m x 3.35m (14' 4 x 11') -

Back Shop - 3.45m x 3.05m (11'4 x 10') - Rear staff area comprising staff kitchen area with sink, store cupboard, shower room and two stockrooms. Door to outside with pedestrian access onto Orchardleigh Road and with further store.

Rear Staff Area - comprising staff kitchen area with sink, store cupboard, shower room and two stockrooms. Door to outside with pedestrian access onto Orchardleigh Road and with further store.

First Floor Flat - First Floor Flat

Lounge - 5.31m into bay x 3.86m (17'5 into bay x 12'8) -

Bedroom 2 - 2.11m x 3.45m (6'11 x 11'4) -

Bathroom -

Kitchen - 4.39m x 3.28m (14'5 x 10'9) - with Valiant Gas Fired boiler supplying domestic hot water and central heating

Bedroom 1 - 3.35m x 3.40m into wardrobes (11' x 11'2 into ward -

Separate Wc -

Services - Shop- mains electricity, water and drainage
Flat - all main services available

Tenure - Freehold (tbc)

Council Tax - Flat Band A
Shop Uniform Business Rate £5,200 (1 April 2023/24)
Can be confirmed by IOW Council.
We understand that there maybe Small Business Rate Relief available on the shop. Applicants should enquire to the IOW Council for confirmation.

Brochures

High Street, ShanklinBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

High Street, Shanklin

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shanklin Station0.3 miles
  • Lake Station1.3 miles
  • Sandown Station2.6 miles
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About Arthur Wheeler Estate Agents, Shanklin

46 Regent Street, Shanklin, PO37 7AA
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Arthur Wheeler Estate Agents have been established in Shanklin for over 50 years and we pride ourselves on being a friendly and independent agency offering a professional service coupled with extensive local knowledge.

From our well positioned offices in the main shopping area of Shanklin, we offer a quality service to both our buyers and sellers wishing to move in the South Wight area. We offer all types of property, both residential and commercial, from first homes to country properties and holiday chalets to hotels.

We also offer a comprehensive residential lettings service with good knowledgeable advice and practical know-how for both landlords and tenants. A varied package of management is available at competitive rates.

Shanklin, with its twin resort of Sandown, is well positioned on the south eastern shore of the Island in Sandown Bay and is surrounded inland by beautiful countryside which is dotted with many villages and hamlets offering a wide variety of properties. The town has a good selection of shops and amenities, a large safe sandy beach, the famous Old Village area with its many thatched properties and nearby is the Island's premier 18 hole golf course at Sandown.

We hope that our clients and customers find this website useful and when searching for properties if you click on the photograph it will reveal full particulars including a floor plan (where applicable). If you require further information on any property matter do not hesitate to contact us.

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Disclaimer - Property reference 33310437. 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 Arthur Wheeler Estate Agents, Shanklin. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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