Regent Street, Shanklin, PO37 7AF

High Street Property to rent

£8,500 per annum


A great opportunity to lease a retail unit in Shanklin town centre.

LOCATION
Situated on the sought after location of Regent Street this property is close to Boots, Hursts and Lloyds Bank. Regent Street is the main shopping area of Shanklin and benefits from major retailers as well as many boutique shops. Shanklin has a population of just over 9,000 and is a seaside resort but benefits from tourists year round. The town also offers the first stop for the Island's train and is within easy reach of other towns including Ventnor, Sandown and Ryde accessed via the main A3055.
DESCRIPTION
The unit offers some 46.5 sq m (500 sq ft) of good retail space with a glazed frontage providing window display areas. The front retail element has a suspended ceiling, fluorescent lighting, extractor fan and storage heater.

To the rear there is a storage cupboard, access to the rear, two further storage rooms with shelving, two WC's and a kitchen/office.

Rear access is via a footpath from North Road.

The property could be suitable for a variety of different uses and currently benefits from A1 use under the Use Classes Order, this has permitted change rights to A2, financial services and A3, restaurants and cafes.
SERVICES
The property has mains electric, water and drainage.
TERMS
Our client is asking for £8,500 per annum on a new repairing and insuring lease. Good incentives will be available for the right tenant.
OUTGOINGS
Business rates show the rateable value as £9,100, using the current UBR the rates payable are approximately £4400 per annum, before any applicable rates relief.
VIEWING
All viewings to be arranged through HRD Commercial. Please contact 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

Director

Lisa Mercer

Manager

Janet Morter

Negotiator

Stephen Savage

Chartered Surveyor

Laurie Calloway

Property Consultant

Edwina Grist

Administration

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