Key features
- Located in the heart of Ventnor adjacent to Earl Mountbatten Hospice shop
- Unit runs to a total of 44.8m² (482ft²)
- Well-presented shop unit having had a total re fit in recent times
- Offered by way of a new lease at £7,900 per annum plus service charge
LOCATION
Located in the heart of Ventnor in the ever-popular Pier Street, adjacent to the Earl Mountbatten Hospice shop supported by many specialist retailers and eateries such as Ventnor Savers, Hursts and Masala Bay Indian Restaurant. This area Is one of the highest footfalls of Ventnor with passing trade, mainly generated by the Co-op. The unit also benefits from adjacent free short-stay on-street parking. Ventnor benefits from being on the south facing slope of St Boniface Down and is almost totally sheltered from the north. The town has seen considerable recent investment in particular with a Tesco Express opening in the High Street and the creation of a small harbour on the picturesque Esplanade. The immediate population of around 6,000 residents is substantially boosted by the many visitors and locals alike wishing to enjoy the arts and fine dining culture which the town has become renowned for.
DESCRIPTION
Attractive, well-presented shop benefitting from a total re-fit in recent times running to approximately 44.8m² (482ft²). Shop benefits from a 4.5m (14.6ft) frontage to Pier Street. Please see floor plan overleaf for further details.
TERMS
Offered by way of a new internal repairing lease of £7,900 per annum plus annual service charge of 10% of the rent to contribute towards insurance and maintenance. A deposit will be required.
UNIFORM BUSINESS RATE
Rateable Value: £6,100 2024/2025: 54.6p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000
VIEWING
Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Dot Lucy on 01983 301 434. E: gchambers@gullyhoward.com or dlucy@gullyhoward.com
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