Retail premises to let in Albert Road, Sandown, Isle Of Wight PO36

Location

Located at the end of Albert Road, Sandown where it meets Sandown high Street. Sandown forms part of the Sandown-Shanklin-Lake conurbation which wrap around Sandown Bay with the sandy beaches and leisure offer of the area, ensuring high numbers of visitors and tourists, boosting the local population of around 24,000. Sandown’s seafront is a magnet to tourists and locals alike, flocking to the area to enjoy the many facilities and amenities on offer. Besides its famous sandy beaches Sandown is home to The Isle of Wight Zoo, Dinosaur Isle, Sandham Gardens Activity Park plus Sandown Pier with its many rides and attractions. The town has seen significant investment in recent years, with some substantial upmarket residential redevelopment being completed at each end of the town.

Description

Shop unit with large glazed frontage, making it highly visible from Sandown High Street. The unit runs to a total of 58.9m2 (635ft2) including staff WC and facilities. It may be possible to convert to a residential units, subject to any necessary consents.

Terms

Available by way of a new lease at £125 per week (£6,500 per annum), or offers are invited in the region of £69,000 for the long Leasehold (99 year lease from January 2019, with ground rent of £150 per annum) interest of the ground floor property.

Uniform Business Rate

Rateable Value: £5,000

2024/2025: 54.6p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on

Viewing

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on . E: Or