Investment opportunity with £15,000pa income

A long leasehold mid-terraced commercial investment opportunity located in a prime town centre position in Shanklin, Isle of Wight. The ground floor is occupied by the British Heart Foundation as a double retail unit, held on a rolling lease paying £15,000 per annum following a nine-year lease commencing in 2016. The property occupies a prominent position on Regent Street in the heart of Shanklin town centre, an established seaside resort. Regent Street provides a well-established retail and commercial environment, benefiting from a mix of national retailers, independent businesses, cafés, restaurants, and local services. Situated close to the junction with Clarendon Road, the property is well positioned to benefit from strong passing trade and regular pedestrian footfall. Shanklin attracts both a substantial local population and significant seasonal tourism, with visitors drawn to its sandy beach, traditional seafront, shops, and leisure attractions. The town also benefits from good public transport connections, including Shanklin railway station, providing links across the island.