Retail premises to let in High Street, Shanklin PO37

A lock up shop being well located towards the upper end area of the High Street which in turn offers convenient access to the busy and picturesque Old Village and the Regent Street area of the town.
The premises will be offered on a new 5 year lease with a 2 year break clause and subject to any change of use consent would seem suitable for a number of businesses.

A lock up shop being well located towards the upper end area of the High Street which in turn offers convenient access to the busy and picturesque Old Village and the Regent Street area of the town.
The premises will be offered on a new 5 year lease with a 2 year break clause and subject to any change of use consent would seem suitable for a number of businesses. The accommodation comprises:

Recessed Entrance

With two pairs of fold back glazed doors leading to:

Main Area (11.13m x 5.59m (36'6 x 18'4))

With two night storage heaters. Door leading to:

Staff Area/Stock Room

Door leading to:

Cloakroom

Comprising: Low level WC. Hand basin with electric water heater over.

Services

Mains electricity, water and drainage.

Rent

£550 per calendar month (£6600 per annum).
The tenant will be responsible for half share of the landlords solicitors costs.

Building Insurance

Premium details to be advised.

Uniform Business Rates

Uniform Business Rate is £7,900 we understand the current amount payable is 0.499 to each pound which would equate to £3942.10p. Any applicant could potentially reduce this by applying for small business rate relief through the Isle of Wight Council.