£38,000

Block of flats for sale

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Offers in region of

£38,000

Block of flats for sale

High Street, Brading, Isle Of Wight PO36

Local area information

Property location

Nearby amenities

  • Brading Church of England Controlled Primary School 0.1 miles
  • Brading 0.3 miles
  • St Helens Primary School 1.8 miles
  • Sandown 1.9 miles

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

Features and description

  • Facing on to Brading High Street, the premises would suit Retail or Office use
  • The unit runs to a total of 16m2 (172ft2)
  • Current passing rent of £4,200pa on a 12-month lease outside the act
  • Offers in the region of £38,000 on a 989-year lease
Location

Located in Brading High Street. Brading is one of the Islands oldest historic towns, pre-dating Roman times and boasts a Roman Villa, a highly popular tourist attraction, with the remains of a 12 room Roman building. Brading also benefits from being close to Bembridge and the Sandown, Shanklin, Lake conurbation increasing its popularity as a destination location. It also has a railway station linking the town to Ryde and fast passenger ferry links from the mainland bringing numerous tourists to the area.

Description

Ground floor lock-up unit running to a total of 16m2 (172ft2) with good display window fronting Brading High Street. The unit has recently been refurbished and would suit either retail or office use. The property will need to have its own electricity meter installed. Please see floor plan overleaf for further detail.

The Lease

Passing rent of £4,200 per annum on a 12-month lease outside the Act

Terms

Offered for sale at £38,000 on a 989-year lease

Uniform Business Rate

Rateable Value: Tba 2024/2025: 54.6p 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

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

under no circumstances should any direct approach be made to anyone at the property, as they will be unable to assist with any enquiries

More information

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