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Lot 66 - Freehold Town Centre Investment

Lot 66 - Freehold Town Centre Investment

Address

70-74 Regent Street, Shanklin, Isle Of Wight, PO37 7AJ, England

Auction date

12 Jun 2025

Guide price

£350,000

Type

Commercial

Tenure

Freehold

EPC Rating

D

Auctioneer

Clive Emson

Description

This property is an investment located at a prime corner site on Regent Street in Shanklin. Currently let for £35,000 per year as a commercial space, it has a 30-year lease and is undergoing refurbishment by the tenant, a local pharmacy. There is also a residential flat included, sold under a long lease, and further clarifications can be obtained through legal documentation.

  • Located in the Town Centre
  • Commercial Lease of 30 years
  • Significant refurbishment ongoing
  • Great investment opportunity

Last update: 03 Jun 2025

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