Located in Beachfield Road, an extension of Sandown High Street, leading up to The Broadway. The position of the former Post Office is highly visible with on-street parking immediately to the front of the premises. Whilst outside the main retail strip, due to its size, visibility and prominence from the road it may lend itself to many different uses. Please Note, the Sorting Office to the rear is still open to the public, thus generating a good footfall to the property. Sandown forms part of the Sandown Shanklin Lake conurbation wrapping around Sandown Bay, with its sandy beaches and leisure offer attracting high numbers of visitors, boosting the local population of around 19,500.
Former Post Office unit running to approximately 153m² (1,646 ft²) overall. The main shop public area runs to approximately 111m² (1,200 ft²). Please see floor overleaf for further detail. The property also has extensive outdoor space to the front to which could potentially provide outdoor seating, subject to negotiation and any relevant consents, if the premises were to be used for Café or Restaurant. Please Note The heating charges are invoiced by Royal Mail on a floor area basis, as they still operate from the sorting office which adjoins the unit. However, we have been advised that the clients are prepared to consider including this cost at a slightly higher rent.
Offered by way of a New Lease at £15,750 per annum. All terms by negotiation and incentives may be offered, subject to lease terms.
Rateable Value: £9,400
2023/2024: £0.512p 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
Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on 01983 301434. E: gchambers@gullyhoward.com or mwilliams@gullyhoward.com.
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