Overview

FREEHOLD FOR SALE

A period end-terrace property arranged over ground and first floor. The ground floor comprises of a banking hall, back office functions, meeting rooms and a strong room. Accessible from within the bank, part of the first floor comprises of female/ male toilets and a store. The remainder of the first floor comprises of a one bedroom flat which is separately accessed from a side lane stemming from Sherborne Street. Price Guide price of £110,000 with unconditional offers invited for the freehold interest with vacant possession. Legals Each party to bear their own legal costs. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £11,000 and the rates payable are £5,269 pa. The UBR for 2017/2018 is 47.9p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Bembridge is an affluent village located on the east coast of the Isle of Wight. Centrally located, the subject property occupies a prominent corner position fronting the main retail pitch - High Street. The High Street comprises of a busy parade of shops which include specialist retailers and hairdressers. Nationals within the immediate local vicinity include: Boots and the Co-operative.

Sizes and Measurements

Total Size

1,380sqft

Sales Area

1,348sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,348sqft

Status

Under offer

Available from

Now

First Floor

Details

Non-Sales

Size

32sqft

Status

Under offer

Available from

Immediately

Lease Information & Charges

Lease type

Freehold

For sale

£110,000

UBR

48p

Ratable Value

£11,000.00

Business Rates

£5,280/pa

Specification

  • Freehold for sale
  • Prominent corner location
  • Lies within a conservation area

Floorplan

PROMAP IMAGE

Photos

FRONT BUILDING

Map Data
Map data ©2019
Map DataMap data ©2019
Map data ©2019
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