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Opportunity to purchase an industrial unit in a good residential location.

For sale: £75,000.00|Residential, Industrial

PROPERTY DETAILS

FOR SALE£75,000.00
ADDRESS6 Cross Street, Sandown, Isle of Wight, PO36 8BJ
TYPEResidential, Industrial
TENUREFor Sale Leasehold
POSTED ON2nd March 2020

DESCRIPTION

LOCATION
Situated in Sandown in a mostly residential location, this unit is within walking distance of the town centre.

Sandown is situated to the East of the Island has always proved a very popular tourist destination. The construction of a new Premier Inn on the Esplanade will give the town a boost as will other developments for which permissions have been recently granted.

DESCRIPTION
Offered for sale is an industrial unit measuring approximately 126 sqm (1356 sqft). The unit is currently being utilised as storage but would suit a variety of different uses subject to gaining any necessary consents.

Access is via driveway off of Cross Street, the area benefits from gas, electricity, water and drainage.

The property is of brick construction with corrugated iron roof, electricity and water is connected.

TERMS
Our client is asking £75,000 for this unit. The property is held on a long leasehold of 900 years.

OUTGOINGS
The VOA shows a rateable value of £3,350, rates payable approximately £1,789 per annum. Please note this property will be eligible for small business rates relief. Enquiries to be directed to the IOW Council – 01983 821000.

VIEWING
All viewings to be arranged through HRD Commercial. Please contact 01983 527727 for more details

LOCATION

Location: 6 Cross Street, Sandown, Isle of Wight, PO36 8BJ

Sandown (0.4 miles)

Lake (1.0 miles)

Brading (1.5 miles)

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