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Investment property in Shanklin

Shanklin, PO37 - Get Access

Description

A long leasehold mid terraced commercial investment opportunity. The ground floor is occupied by the British Heart Foundation. The double unit is held on a lease on a rolling basis paying 15000 per annum following a 9 year lease commencing 2016. Prime Town Centre Location – Shanklin, Isle of Wight. The property occupies a prominent position on Regent Street, in the heart of Shanklin town centre, one of the Isle of Wight’s established seaside resorts. Regent Street provides a well-established retail and commercial environment, benefiting from a mix of national retailers, independent businesses, cafés, restaurants and local services. The property is situated close to the junction with Clarendon Road and 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.
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