Located in central Ventnor, this freehold investment comprises a ground floor shop, currently operating as a café, with a two-bedroom maisonette above, both of which are currently let. Should the maisonette become vacant, there may be scope to split the unit into two flats, subject to all necessary consents being obtainable.
Main retail area, kitchen and utility area.
Let under the terms of a seven year lease, from 15th May 2016, at a current rental of £5,400 per annum.
Living room, dining room, kitchen and cloakroom with W.C.
Two bedrooms, cloakroom with W.C. and bathroom.
Garden to the rear.
Let under the terms of a 12 month Assured Shorthold Tenancy Agreement from 11th July 2018 at a current rental of £600 per calendar month.
Local Planning Authority
Isle of Wight Council. Tel: 01983 823552. Website: iow.gov.uk.