£265,000

Retail premises for sale

  1. Property photo 1 of 1.
Freehold

Offers in region of

£265,000

Retail premises for sale

High Street, Sandown, Isle Of Wight PO36

Local area information

Property location

Nearby amenities

  • The Bay Church of England School 0.3 miles
  • Sandown 0.4 miles
  • Lake 0.7 miles
  • Broadlea Primary School 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Sandown to find out more about the local area.

Features and description

  • Freehold
  • Rare opportunity to acquire the freehold of a whole building for sale in Sandown High Street
  • The building has been extensively re-developed and decorated over the last few years with the facade soon to be repainted
  • Building comprising of ground floor retail space running to approximately 62m2 (667 ft2), and large two-bed flat over two floors above
  • Offers are invited “in the region of” £265,000 for the freehold of the building
Location

Located in Sandown High Street, in arguably one of the busiest points, being close to Pier Street and its links to the extensive sandy beaches that Sandown has to offer. It is also in close proximity to Boots the chemist, Sainsburys, and many other specialist retailers and restaurants. The premises benefits from on-street parking. Sandown forms part of the Sandown-Shanklin-Lake conurbation which wrap around Sandown Bay with the sandy beaches and leisure offer of the area, ensuring high numbers of visitors and tourists, boosting the local population of around 19,500. Sandown’s seafront is a magnet to tourists and locals alike, flocking to the area to enjoy the many facilities and amenities on offer. Besides its famous sandy beaches Sandown is home to The Isle of Wight Zoo, Dinosaur Isle, Sandham Gardens Activity Park plus Sandown Pier with its many rides and attractions.

Description

Building arranged over three floors, with the ground floor retail space running to approximately 62m2( 667 ft2) including WC and staff facilities. It benefits from a frontage to Sandown High Street of approximately 5.4m (17.7 ft). There is a rear entrance which could make the flat completely separately accessed from the shop if required. The generous flat is arranged over two floors and runs to approximately 126m2 (1,356ft2). It has been extensively redeveloped and redecorated over the last few years and presents in good order. There is potential to create a roof terrace in the future which would come off the kitchen. We have been advised that the flat could achieve £1,000 per week in peak the peak season as a holiday let. Our clients have advised us that the facade to the front is due to be repainted soon. Please see floorplan for further details

Terms

Offers are invited "in the region of" £265,000 for the freehold property.

Viewing

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ.

Call Gavin Chambers or Dot Lucy on .

E: Or

Uniform Business Rate

Rateable Value: Tbc

2024/2025: £0.546p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on .

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. Isle of Wight
  4. Sandown
  5. High Street