Summary - FLAT, 41 CROSS STREET PO31 7TA
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime commercial and residential property in central Cowes
- Ground floor retail space with attractive rental income (£8,000 p.a., rising to £9,000)
- Two-bedroom maisonette with separate entrance and additional rental income potential (£500 p/m)
- Close proximity to vibrant local amenities and transport links
- Mixed-use zoning provides versatility for different business opportunities
- Small outdoor courtyard area, ideal for relaxation or entertaining
**Concerns:**
- Three years remaining on the lease may pose financing challenges with mortgage lenders
- High local crime rate could deter certain buyers or investors
- Property is of Victorian heritage; potential renovation may be required for modernization
Explore the excellent investment opportunity presented by this unique mixed-use property in the bustling heart of Cowes. Comprising a well-positioned ground floor retail space currently enjoying consistent rental income, along with a charming two-bedroom maisonette that features its own private entrance, this property appeals to both investors and first-time buyers alike. The vibrant location ensures easy access to a wide array of amenities, making it an attractive prospect for retail business or residential living.
While the property does feature some challenges—like a limited remaining lease and potential financing issues—it offers significant rental potential in a high-demand area known for its yachting culture and strong community atmosphere. With its dual functionality and room for renovation, this property is a canvas for your vision of investment or comfortable living. Don't miss out on this exclusive opportunity in Cowes; secure your viewing today!
Commercial property for sale in High Street, Cowes, PO31 — £544,000 • 2 bed • 2 bath • 571 ft²
Shop for sale in High Street, Cowes, PO31 — £160,000 • 1 bed • 1 bath • 634 ft²
2 bedroom property for sale in RARE OPPORTUNITY OF A RESIDENTIAL AND COMMERCIAL PROPERTY IN CENTRAL COWES - Cross Street, Cowes, PO31 — £725,000 • 2 bed • 1 bath • 1672 ft²
High street retail property for sale in High Street, Cowes, Isle of Wight, PO31 7RL, PO31 — £900,000 • 1 bed • 1 bath • 2726 ft²
4 bedroom town house for sale in RETAIL OPPORTUNITY WITH ACCOMODATION - High Street, Cowes, PO31 — £900,000 • 4 bed • 2 bath • 2726 ft²
Commercial property for sale in Cowes, Isle of Wight, PO31 — £235,000 • 1 bed • 1 bath • 1593 ft²
