16 High Street, Cowes £240,000

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    16 High Street
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    16 High Street
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    16 High Street
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    16 High Street

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  • COWES HIGH STREET
  • PRIME LOCATION
  • OPPOSITE MARINA
  • SHOP CURRENTLY LET GENERATING £18,000, PA
  • IDEAL INVESTMENT OPPORTUNITY
  • OPTION TO PURCHASE WHOLE BUILDING

CHAIN FREE! This shop is located in a PRIME position in Cowes High Street, opposite the entrance to the Marina. It is currently let and generating an income of £18,000, PA. The current tenants would ideally would like to sign a new long term agreement with potential new owners. There is also an option to purchase the whole building & freehold and/or apartments above.


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.

Tenure

The vendor states that there is a 999 year lease from approximately 2013. Building insurance and annual buildings maintenance bill is approximately £220 per annum currently. OPTION TO PURCHASE WHOLE BUILDING & FREEHOLD.


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Nearby Places

Name Location Type Distance
16 High Street
Cowes PO31 7RZ
County: Isle of Wight
Sale Type: For Sale
Ref #: IW181766
Eileen Punter
Red Squirrel Property Shop Ltd
 
  01983 521212