icons_size_white icons_size
The UK's leading real estate marketplace
Price
Any

Price

Size
Any

Size

All Filters
None
1

Search area

92 Locations within

2

Size

3

Price

6

Auctions

Commercial properties for sale in Ventnor, Isle of Wight

Create Alert 1 result
For Sale£179,950.00
LOCATION
Located in the recently regenerated town of Ventnor, this well known property occupies a good location close to Co-op, Boots and Hurst's.

The town itself has seen some inward investment over the past few years and has now become a sought after location for locals and tourists alike.
DESCRIPTION
Offered for sale is this retail unit with approximately 31 sq m (336 sq ft) of retail space to the ground floor with kitchen and WC. There is also a basement offering further retail space, of approximately 23sq m (247 sq ft) with WC and emergency access to rear.

The residential is offered over two floors and comprises to the first floor LOUNGE/DINER 17'5" max X 17'3" max, KITCHEN 11' X 9'9", Separate WC. Second floor: BEDROOM 1 14'2" X 9'9", BEDROOM 2 11' x 10'10", Separate WC, BATHROOM 7'10" X 6'10".

The property is being sold with the benefit of the tenancies in place. The ground floor commercial tenant is on the balance of a 5 year lease from Spring 2018 and the residential tenant is on the remainder of a 6 month AST. Current rental income circa £13,800pa
TERMS
Our client is asking £179,950 for this freehold investment opportunity.
OUTGOINGS
The VOA shows the business rates as £5,800, rates payable circa £2784. The flat is rated as Band B for Council Tax.
VIEWING
All viewings to be arranged via Hose Rhodes Dickson due to the tenancies in place. Please contact 01983 527727 or 01983 855525.
2 Pier Street - Freehold Investment
Type: Residential, Retail
Location: 2 Pier Street, PO38 1ST
Size: 583 Sq Ft
Images: 1
View Property
close
What do you think of our website?
Complete our survey and
you could win £1000
Start here