Freehold Town Centre Retail Unit For Investment

Previously used as an estate agency office and more recently as a fruit and vegetable retailer, this ground floor commercial unit offers scope and potential for use as a niche owner-occupier retail space or as an addition to an income-producing commercial portfolio. Occupying a prime location in the centre of Freshwater at the western end of the Isle of Wight, the freehold property comprises a main retail area, a rear kitchen or meeting room, and a cloakroom with a W.C. The upper residential flat has been sold off on a long lease under the terms of a 999-year lease from 8th October 1984, currently yielding a ground rent of £5 per annum. The commercial unit holds an EPC rating of C (75) and has a total floor area of 56 square metres.