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:
| M | Ft | |
| Shop Width | 1.96m (front) widening to 3.22m (rear) | 6’5” (front) widening to 10’ 6” |
| Built Depth | 25.8 m | 84’7” |
| Shop Depth | 24.1 | 79’0” |
| Sales area | 58 sq m | 625 sq ft |
| Store/staff | 3.9 sq m | 42 sq ft |
| W.C | Not 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.
