LOCATION
Located in Shanklin High Street adjacent to its junction with Regent Street and next door to Boots the Chemist. This highly visible shop benefits from significant footfall and this area of Shanklin also benefits from the drive-through traffic travelling from Ventnor through to Sandown and Lake. Other significant retailers in the town include The Co-op, Peacocks, Poundland plus a mixture of corporate and local specialist retailers.
Shanklin is the major town on the Island’s south coast serving the Sandown-Lake-Shanklin conurbation of around 19,500 people. This is dramatically boosted during the ever-increasing holiday season, as these towns sit around Sandown Bay with its many leisure facilities and famed sandy beaches attracting large numbers of visitors each year.
DESCRIPTION
Substantial shop premises running to a total of 151.8m² (1,633ft²) with the main retail area running to circa 102.3m² (1,101ft²) plus storage area to the rear and WC and staff facilities.
The shop benefits from a generous frontage of circa 9.1m (29.8ft) to Shanklin High Street.
TERMS
Offered by way of a New Lease at £18,000 per annum. The ingoing tenant will be asked to contribute towards the landlord’s legal costs in setting up a new lease. All other terms by negotiation
OUTGOINGS
Rateable Value: £17,750
2025/2026: 55.5p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000
VIEWING
All viewings to be arranged via HRD Commercial.
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