About this property
Opportunity to purchase a ground floor commercial unit in the centre of Seaview Village.
Situated in Seaview, a lovely sailing village to the east of the Island, is this retail unit.
Seaview is a popular village with locals and tourists alike, situated close to the beaches and within easy access of Ryde, Bembridge & St Helens.
Offered for sale is this retail unit in a great location in Seaview.
The property offers the following accommodation:
Retail area: 6.35m x 4.83m
Store Room: 4.82m x 4.37m
The unit has traded previously under A1 retail of the Use Classes Order 2005 and there is potential for change of use, subject to permissions. The current use under the September 2020 Use Classes Order would be E. Under this classification a certain amount of permitted change is allowed. The Use Classes Order advises permitted change from A1 to mixed use (A1 or A2 & up to 2 flats); and from mixed use (A1 & up to 2 flats) to A1 or A2. We would always recommend speaking with a planning consultant regarding this.
Mains electric, water and drainage are connected to the property.
Our client is asking £125,000 for this commercial unit.
The VOA shows a rateable value of £3,750 The rates payable would be circa £1,920, although at this level the property would be eligible for small business rates relief.
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.