The property is situated in the heart of Shanklin, a popular Victorian seaside town. The premises are in a prominent position along the main High Street. This area is predominately made up of a mix of commercial occupants from restaurants and takeaways to offices and beauticians.
There is a large pay and display car park to the rear and a short walk from Shanklin Bus station and the Islands railway line.
The property comprises a single storey, mid-terrace retail unit previously used as an insurance brokers with sales area, kitchenette and WC.
We are instructed to market this retail unit on a new effective Full Repairing and Insuring Lease for a term to be agreed at the commencing rental of £6,000 per annum exclusive.
Shop: £2,550 (Source: VOA)
Each party to be responsible for their own legal costs incurred in this transaction.