High Street, Cowes £490,000

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  • COWES HIGH STREET
  • FREEHOLD BUILDING
  • SHOP & TWO FLATS
  • CENTRAL LOCATION
  • SHOP CURRENTLY LET
  • IDEAL INVESTMENT OPPORTUNITY

EXCELLENT OPPORTUNITY to purchase a freehold building in a PRIME position in Cowes town. Centrally located opposite the entrance to the Marina within easy reach of mainland travel links and all local amenities. The property comprises a ground floor shop that is currently let providing a good yield, first floor 1 bedroom apartment and a second 2 bedroom apartment set over two levels with Marina/sea views.


Rooms

Ground Floor - 33' 3'' x 20' 6'' (10.13m x 6.24m)

Glazed frontage and door to Cowes High Street. Door to rear aspect. Storeroom 13'3" x 8'7" separate WC and changing cubicle. Fitted sink with water heater over and shelving for storage. The shop is currently producing a rental of £18,000 PA. Current tenants have been there approximately 4 years and would like to stay and agree longer tenancy.

Flat 16A - Shared access with stairs leading to first floor.

Entrance Hallway

Airing cupboard hosting immersion tank. Double glazed window to side aspect. Storage heater. Doors off to:

Lounge/Diner - 16' 5'' x 16' 5'' (5.00m x 5.00m)

Double glazed window to front aspect with views over the Marina. Feature fireplace. Storage heater.

Kitchen - 9' 2'' x 6' 10'' (2.79m x 2.08m)

Double glazed window to side aspect. Fitted base & wall units with space for all appliances. Breakfast bar.

Bedroom - 15' 11'' x 11' 10'' (4.85m x 3.60m)

Double glazed window to rear aspect. Storage cupboard. Storage heater.

Shower Room

Shower cubicle. Vanity sink. Low level WC. Electric heated towel rail.

Tenure

999 year lease from approximately 2013. Building insurance and annual buildings maintenance check approximately £220 per annum.

Flat 16B High Street - Shared entrance with stairs leading to second floor.

Entrance Hallway

Double glazed window to side aspect. Benched seating area. Storage heater. Doors & stairs off to:

Lounge/Diner - 16' 7'' x 15' 0'' (5.05m x 4.57m)

Double glazed windows to front aspect overlooking the Marina. Storage heater.

Kitchen - 12' 0'' x 6' 6'' (3.65m x 1.98m)

Fitted base & wall units. Integrated fridge. Plumbing for washing machine. Double glazed window to side aspect.

Bedroom 1 - 14' 9'' x 12' 10'' (4.49m x 3.91m)

Double glazed window to side aspect. Cupboard hosting immersion tank. Storage heater.

Bedroom 2 (top floor) - 17' 9'' x 11' 8'' (5.41m x 3.55m)

Double glazed window to front aspect overlooking Marina and Solent views. Double glazed window to side aspect. Loft hatch access. Storage heater.

Shower Room

Good-sized walk in shower cubicle. Double glazed window to side aspect. Vanity sink. Low level WC. Electric heated towel rail.

Tenure

999 year lease from approximately 2013. Building insurance and annual buildings maintenance check approximately £220 per annum.


Request A Viewing

EPC

No EPC available

Floorplans (Click to Enlarge)

Nearby Places

Name Location Type Distance
High Street
Cowes PO31 7RZ
County: Isle of Wight
Sale Type: For Sale
Ref #: IW181736
Eileen Punter
Red Squirrel Property Shop Ltd
 
  01983 521212