Wheeler and Lai Surveyors

Shanklin, Isle of Wight, PO37 7AG

8 Clarendon Road – Long Leasehold Interest including Business for Sale

To Buy
£120,000
Call: 01983 210 335

LOCATION
The property is situated on Clarendon Road, Shanklin, just off Regent Street with both national and independent retailers in close proximity, including jewellers,  pharmacy, clothes retailers and takeaways.

Shanklin town centre is situated on the South East of the Isle of Wight, within close proximity to the local amenities and a short walk from the bus station, train station (with links to Portsmouth) and beach.

DESCRIPTION

The property comprises a long single storey retail unit in the heart of Shanklin trading as Shanklin Pet Stores.  It is a great opportunity to purchase a well-established business with long leasehold interest of the property.

For details of what will be included can be provided on request. The following are the approximate dimensions and areas:

 MFt
Shop Width1.96m (front) widening to 3.22m (rear)6’5” (front) widening to 10’ 6”
Built Depth25.8 m84’7”
Shop Depth24.179’0”
Sales area58 sq m625 sq ft
Store/staff3.9 sq m42 sq ft
W.CNot measured 

Terms

We are instructed to market this shop For Sale with established pet shop business including stock and equipment for £120,000. This shop has been trading as a pet shop since 1965. Full list of items included with the business on request.

The shop is held on a 1000 year long leasehold interest from 1869- circa 845 years remaining at peppercorn ground rent of £2.68 per year.

A service charge of the fair proportion of the building and insurance will be payable.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in this transaction.

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To Buy
£120,000
Call: 01983 210 335
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