41a High Street
Cowes
Isle Of Wight
PO31 7RS
Cross Street, Cowes
Asking price £320,000
Commercial
- COMMERCIAL PREMISES
- PREVIOUSLY USED AS OFFICE AND SHOP
- OFFERS A VARIETY OF USES
- CENTRAL LOCATION
- VISUAL FROM THE HIGH STREET
- NEW LEASE TO BE FORMED
This Commercial and residential premise is located in central Cowes and offers an excellent investment opportunity. Comprising at ground floor level, a retail premises with a attractive rental income and a Two bedroom Maisonette above with its own entrance from Denmark Road, currently let on a shorthold tenancy basis providing additional rental income . Cowes town has a lively high street and enjoys the benefits of a world renown Yachting centre and a high speed passenger ferry connection to Southampton. Viewing is by appointment with the vendors' agents.
Glazed frontage and Entrance Door from Cross Stree
Main Shop
4.32m x 2.59m (14'2" x 8'6")
Kitchen
4.45m x 2.95m (14'7" x 9'8")
Rear Lobby
Under stairs storage cupboard. Separate low level WC.
Tenure
Energy Rating and Score - 85 D
The shop is let on the balance of a 3 Year lease from 2023. The current rental is £8000 Pa rising to £9000 in the next year.
1a Denmark Road, Cowes PO31 7SY
Entrance Door to:
Entrance Hall with stairs to upper floor off. Tiled floors. Built in cupboard.
Kitchen/Diner
4.39m x 2.59m (14'5" x 8'6")Radiator. Range of fitted floor and wall cupboards with bevel edged work tops over. Stainless steel sink unit with mixer tap. Built in electric oven with gas hob. Tiled floor. Door to shared patio and storage shed.
First Floor Landing
Stairs to upper floor off. Radiator.
Bedroom
3.61m x 2.72m (11'10" x 8'11")Built in wardrobe cupboard. Double glazed window.
Lounge
4.52m x 3.38m (14'10" x 11'1")Double glazed window. Radiator.
Top Floor
Bedroom
4.55m x 3.35m (14'11" x 11')Radiator. Double glazed window.
Bathroom
Large built in cupboard housing Vaillant boiler. Panelled bath. Tiled shower cubicle. Low level WC and pedestal wash basin. Heated towel rail. Double glazed window.
Store
4.19m x 2.13m (13'9" x 7')
Outside
To the rear of the shop and adjacent to the Flat Kitchen at ground floor level is a Courtyard area with access to the store.
Tenure
1a Denmark road ,Flat above EPC Rating Current - 51 E Potential 62 D.
Flat 1a Council tax band B. Currently let on a Shorthold basis to long standing Tenants paying a monthly rental of £500 PA.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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