Available  

Commercial Property for sale

Shanklin, PO37 7HU

PO37 7HU, Landguard Road, Shanklin, PO37, Shanklin

Sale Price: £265,000

 

Listed 15 days ago and may not be available Listed on 10/20/2015

 138 High Street
*When you call don't forget to mention Houser.co.uk

Shanklin, PO37 7HU

Property Summary:

Commercial Property
-- Bed(s)
-- Bath(s)
interested in this property.
 

Property description

This detached property consists of 3 self-contained flats currently let and generating an income of £1475 per calendar month. The property is being sold with the current tenants on assured shorthold tenancies and all are looking to stay on for the foreseeable future.

The properties were refurbished in 2010 and the individual flats are as follows:

66a – Ground Floor Studio Flat (24m sq)
66 – 2 Bedroom Upper Ground Floor Flat (68m sq)
68 – 2 Bedroom First Floor Flat (71m sq)

Additionally the property has planning permission for an extension increasing the number of flats in the building or for the demolition of the building and the construction of 10 1 bedroom flats. More information is available on the planning website using the following ref: TCP/08462.

OUTSIDE
To the front of the building there is off road parking and a garage. To the rear of the building there is a large lawned communal garden.

Property Features :

  • 3 Self-Contained Flats
  • Currently Generating £17,700 PA
  • Planning Permission for Further Development
 
 
 
Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3
Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3

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