Hose Rhodes Dickson - Isle of Wight Commercial Property Agents

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For Sale 130,000 - Pearly Boise, Lilys Bistro, High Street, Shanklin, PO37 6JJ

Property Description

Situated on the High Street of this popular seaside resort is this smartly presented

premises with A3 consent currently traded by the tenant as an ice cream parlour and bistro.

The premises is currently let on a five year lease (4 years remaining) at rent of £11,000 per annum.

There is approximately 100 sq m of trading space plus kitchen and ancillary staff areas. Modern folding doors open to the street.

The freehold offered has the benefit of ground rents collected for the basement and flats above amounting to £225 per annum.

The premises would be suitable for a variety of uses with presumed consent to revert to

A1 or A2 use in the future if required.

A ground rent of £225 pa is collected from the basement and flats above.

Rateable Value £10,500, Uniform Business Rate for 2013/14 at .471p

via vendor

Agents Notes

Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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