Commercial Property for sale in Marsh Close Sandown PO36

Sale Price: £109,000

Shanklin, PO36 8EU

Commercial Property
-- Bed(s)
-- Bath(s)
Available

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Street Address

Shanklin, PO36 8EU

Property description

LOCATION
The premises are located approximately 1 mile from the town centre, in Sandown’s main industrial area, close to the “Moreys/ Texaco” roundabout junction of the A3055 and the B3329. Local access is via College Close, then Marsh Close. This is a popular industrial/warehouse location.

DESCRIPTION
Unit 9 is an end of terrace unit comprising 1,943 sq ft (180.47 sq m) at ground floor, plus 170 sq ft (15.75 sq m) of mezzanine office/stores. Total floorspace is c. 2,113 sq ft (196.22 sq m) GIA.

This is well configured, clear floorspace with WC/amenity block, constructed in full height blockwork beneath a single pitch profiled steel roof, and with a power floated concrete floor. Clear eaves height is 3.72 m (to underside of haunch). The brick faced front elevation has a full height manually operated roller shutter goods door and pedestrian door.

Mains electricity (3 phase) and water are connected to the unit. Lighting is via suspended fluorescent tubes, and natural lighting via roof lights (c. 7%).

Parking is at a premium in this area. Unusually, and because of its end terrace position, the unit benefits from parking for up to six cars on the forecourt.

TERMS
Our client is seeking £109,000 for the premises, freehold or to let on terms to be agreed at an initial rent of £10,000 pa.

BUSINESS RATES
The Valuation Office website shows the adopted rateable value as £9,600. The 2013/14 multiplier is 0.471 (small business multiplier 0.462).

COSTS
The ingoing tenant will be required to contribute to the landlord’s legal fees incurred in this transaction.

VIEWING INSTRUCTIONS
Viewing is strictly by appointment with the sole agent Hose Rhodes Dickson: (01983) 527727.

Property Features :

  • Industrial Unit
  • For Sale or To Let
  • Popular Location
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