Commercial property to let in High Street, Shanklin PO37

A lock-up shop premises being well situated on a corner site of the High Street and Landguard Road. Within close proximity are Regent Street and the picturesque Old Village.
The premises would seem ideal for a number of purposes and has most recently been used as a coffee shop but has also been used in the past as an office. It comprises:

Shop Area (irregular shape 5.64m max x 5.03m average (irregu)

With glazed double doors to the front and inner doors opening to

Stock Room/Office (irregular shape 5.61m max x 2.87m max (irregular s)

With door to kitchen/staff area with sink and opening to lobby area with door off to WC

Outside

Access to courtyard (tbc)

Terms And Conditions

This shop will be offered on a new 5 year lease with a 2 year break clause.
The rent is £7,200 per annum (£600 pcm)
nb: The ingoing tenant will be responsible for a half share of the landlord's solicitor costs (which we understand to be in the region of £600 inc VAT).
The prospective tenant will be required to pay the equivalent of 1 month's rent as a deposit

Services

Mains Electricity water and drainage.

Uniform Business Rateable value £5,200 and the amount payable for 2024-25 would be £2594.80.
We further understand that the shop may be eligible for Small Business Rate Relief and applicants should enquire to the Isle of Wight Council for further details.