2 bedroom Property for sale

£265,000

High street, Cowes, PO31 7RZ

Key features:

BUSINESS UNAFFECTED
FREEHOLD COMMERCIAL PREMISES
CENTRAL COWES
TWO BEDROOM FLAT
LOUNGE
DINING ROOM
KITCHEN
BATHROOM
SECONDARY GROUND FLOOR KITCHEN
SMALL REAR PATIO

Description

FREEHOLD COMMERCIAL PREMISES - CENTRAL COWES WITH LIVING ACCOMMODATION OVER - BUSINESS UNAFFECTED. Above the property there is a TWO BEDROOM flat. It is presently let on a five year lease, producing a RENTAL INCOME as a whole.

FREEHOLD COMMERCIAL PREMISES - CENTRAL COWES WITH LIVING ACCOMMODATION OVER - BUSINESS UNAFFECTED. A rare opportunity to aquire this substantial Freehold property located within the busy thoroughfare of Cowes town centre. Above the property there is a two bedroom flat with lounge, dining room, kitchen and bathroom. Presently let on a five year lease, producing a rental income as a whole. VIEWING IS HIGHLY RECOMMENDED BY APPOINTMENT.

MAIN SHOP (4.72m x 3.56m (15'6 x 11'8))
Large glazed frontage to central Cowes High Street.

INNER LOBBY
Opening to:

REAR SHOP (4.57m x 2.51m (15' x 8'3))
Hallway with stairway to upper floor off. Access to rear secondary kitchen.

SECONDARY KITCHEN (3.56m x 3.20m (11'8 x 10'6))
Range of modern fitted floor and wall cupboards, fitted stainless steel sink unit with mixer tap over. Plumbing for washing machine and dishwasher. Space for tumble dryer. Door giving access to small enclosed rear yard.

ON THE FIRST FLOOR

LANDING
With stairway to upper floor off.

CLOAKROOM
Separate low level WC.

LOUNGE (5.18m x into bay window by 3.56m (17' x into bay w)
Double glazed bay window with fitted window seat. Tiled fireplace and hearth, electric convector heater.

DINING ROOM (2.59m x 4.60m (8'6 x 15'1))
Double glazed window. Attractive cast iron fireplace.

KITCHEN (3.61m x 1.65m (11'10 x 5'5))
Range of modern floor and wall cupboards with bevel edged worktops, fitted stainless steel sink unit.

BATHROOM
Suite comprising panelled bath with mixer tap and shower over. Pedestal washbasin, double glazed window, electric towel rail/radiator. Electric water heater.

ON THE TOP FLOOR

LANDING
Built in hanging/storage cupboard.

BEDROOM ONE (4.72m x 3.58m (15'6 x 11'9))
Built in cupboard, double glazed window.

BEDROOM TWO (4.27m x 2.69m (14' x 8'10))
Double glazed window, built in storage cupboard, built in wardrobe cupboard.

OUTSIDE
To the rear of the property there is a small enclosed attractive yard/patio.

TENURE/NOTES
This property is currently let with a balance of a five year lease from March 2017. The current rental including the residential upper floors is £15000 per annum. The current owner has owned the shop for approximately 25 years and is selling due to retirement as a commercial landlord. The business operating from the property is unaffected by the sale.