High Street, Shanklin, PO37 6JJ

High Street Property for sale


A brilliant opportunity to purchase a substantial property on Shanklin High Street. This property is going to auction with Clive Emson Auctioneers on Friday 14th September.

Situated on Shanklin High Street, this property is ideally located to benefit from high footfall and trade between Shanklin Old Village and Regent Street. Recent new businesses and regeneration on the High Street has made this a popular location for tenants and investors alike.
Currently trading under A3 of the Use Classes Order 2005 this property would suit a variety of uses subject to gaining the necessary consents.

This substantial property offers accommodation over 4 floors and has the added benefit of access to Orchardleigh Road car park at the rear.

Accommodation currently comprises:

Basement - with various storage rooms/areas, cellar, access to the courtyard and Orchardleigh Road car park.

Ground Floor - With access in from the High Street the current space offers approximately 95 sq m of clear trading space (5.86m x 16.3m). Room off previously used as a commercial kitchen (8.1m x 3.4 m max). 2 x WC's. Fire escape access to rear.

First Floor - Clear space of approx. 72 sq m approx. (6.0m x 12.1m). 2 x WC's. Fire escape access to rear.

Second Floor - Currently utilised as residential accommodation, this could be separated from the commercial element. Open plan Living Room (6.09m x 7.75m) with fitted Kitchen, Bedroom 1 (4.9m x 3.9m) with en suite bathroom, Bedroom 2 (3.3m x 3.3m), Family Bathroom and Utility Room.

The vendor has recently applied for planning permission and been granted (April 2018) for conversion of the following:

Basement to a 2 bedroom apartment, the ground floor rear to a 1 bedroom apartment with commercial fronting the High Street, first floor conversion to 2 bedroom apartment and second floor conversion to a 2 bedroom apartment.

All mains services are connected.
The property is held on a long leasehold, 900 years from 1881.
Business Rates show £12,250, Rates payable per annum approx. £6,040.
Planning permission has been granted under P/01412/17 for the conversion of basement and commercial kitchen on ground floor to create two additional flats; alterations to shop front to provide new entrance; removal of chimney extract; installation of new windows and roof lights within south and west elevations.
All viewings to be arranged via HRD Commercial 01983 527727.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes


Lisa Mercer


Janet Morter


Stephen Savage

Chartered Surveyor

Laurie Calloway

Property Consultant

Edwina Grist


Tel: 01983 527727 Email Us: commercial@hrdiw.co.uk