Property description
Situated right on Shanklin’s busy High Street, a stone’s throw away from the famous Old Village, this sizeable property incorporates both a retail shop unit and substantial accommodation over four floors.
With permission previously granted for conversion into individual apartments (TCP/09751/J) this could also be suitable as an investment for a suitable builder, alternatively, someone looking for a retail business with plenty of accommodation.
The retail space located right off the High Street occupies the ground floor, with addition storage rooms behind and on the basement level.
On the first floor a one bedroom apartment and a third bedroom are ripe for re-development, whilst the second floor has another spacious apartment with two bedrooms, one is currently being used as a dining room, a lounge area and a kitchen area and it is ready to move straight into.
Bridging both retail and residential the potential this property has to offer is endless and therefore internal inspections are thoroughly recommended.
What the Owner says:
Inherited from my father, I have traded as a lace and collectable shop for a number of years but I am now looking to re-locate off the Island.
I have invested a lot of time, energy and money into various planning options but have decided to leave it open to the incoming purchaser to decide how the building is best suited.
Room sizes:
- Shop Area: 19'5 x 15'2 (5.92m x 4.63m)
- Serving Area: 12'10 x 12'1 (3.91m x 3.69m)
- Rear Hallway
- Utility Room: 5'6 x 4'3 (1.68m x 1.30m)
- Hallway
- Basement Room: 12'5 x 11'9 (3.79m x 3.58m)
- Rear Lobby: 12'9 x 4'5 (3.89m x 1.35m)
- Landing/Kitchen Area
- Bedroom 2: 13'9 x 11'5 (4.19m x 3.48m)
- Dressing Room: 10'6 x 7'7 (3.20m x 2.31m)
- Kitchen Area: 8'5 x 6'2 (2.57m x 1.88m)
- En-Suite Shower Room
- Bedroom 3: 12'11 x 12'1 (3.94m x 3.69m)
- Cloakroom
- Landing
- Kitchen Area: 11'9 x 6'2 (3.58m x 1.88m)
- Lounge Area: 13'9 x 12'3 (4.19m x 3.74m)
- Dining Room: 13'11 x 6'8 (4.24m x 2.03m)
- Bedroom 1: 12'11 x 12'1 (3.94m x 3.69m)
- Bathroom
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
Property Features :
- Block of apartments and retail unit
- Exclusive accommodation
- Previous planning accepted to convert
- Great investment opportunity
- Town centre location
Property Info: