Our Isle of Wight office has a prime high street shop unit with self-contained flats above, up for sale.
Located in the much sought-after Cowes High Street, the three-storey building consists of a ground floor shop and two two-bedroomed flats, with separate access and two car parking spaces.
The property would appeal to a wide range of buyers, from retail businesses to investors.
There is scope to rearrange the ground floor shop and extend the building to the rear and relocate the access to the flats. Additionally, the flats could be renovated for separate sale or retained as part of the property as an investment, held with the shop.
In that case the flats could be let long term, or could be used for holiday lettings, as this is a popular town for tourism especially around the yachting and other boating activities.
The property is being offered for sale at £400,000 freehold. Or there is an option to let as a whole at £30,000 per annum.