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107-109 High St 480 SF of Retail Space Available in Shanklin PO37 6NS
HIGHLIGHTS
- Occupying a popular location enjoying good year-round trade
- Close to the attractive Shanklin Chine and the popular Shanklin Theatre
- Forming the ground floor of a mid-terraced property of traditional construction
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 107 | 480 SF | Negotiable | $29.06 CAD/SF/YR $2.42 CAD/SF/MO $13,949 CAD/YR $1,162 CAD/MO | Fully Repairing & Insuring |
Ground, Ste 107
An opportunity to rent this lock-up retail unit in the favoured ‘Old Village’ of Shanklin, only available now due to the current tenant’s impending relocation nearby. Available to rent by way of a new commercial lease, effectively on a full repairing and insuring basis, with the Landlord to insure the building and the tenant to pay their appropriate share of the premium. The tenant will be required to provide their own contents and Public Liability insurance, to include cover for the glazing. Otherwise, the lease will include, if appropriate, third anniversary upward-only rent reviews, and the Landlord may reserve the right to exclude any lease from the security provisions of the Landlord & Tenant Act 1954, Part II. Other terms by negotiation. Rental guide £7,500 p.a.x.
- Use Class: E
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Drop Ceilings
- Secure Storage
- Energy Performance Rating - D
- Private Restrooms
- Situated all at ground floor
- Cat. II lighting
- Rear lobby/storage area
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 480 SF | Gross Leasable Area | 480 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 480 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 480 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Forming the ground floor of a mid-terraced property of traditional construction. Situated all at ground floor, with an internal frontage of some 12’3’’, narrowing towards the rear to 8’6’’, with an overall depth of some 41’9’’, thereby providing in the order of 480ft² (44.6m²) net sales. The shop has a suspended ceiling with Cat. II lighting and mirrored ceiling tiles, plus an under-stairs storage cupboard. The shop is backed by a further rear lobby/storage area and WC facility. Occupying a popular location enjoying good year-round trade, which is supplemented considerably during the tourist season, the ‘Old Village’ is a noted tourist destination, with a variety of independent businesses in the locality and just a few steps from a large municipal car park. Shanklin itself is an ever-popular resort town, with a wide range of local and national traders within its boundaries. The town is situated overlooking Sandown Bay, and has a popular Esplanade and beach, and close to the subject premises is the attractive Shanklin Chine and the popular Shanklin Theatre.
- Courtyard
- Energy Performance Rating - D
- Storage Space
NEARBY MAJOR RETAILERS
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107-109 High St
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