Summary - Serendipity House,The Mews,Church Road,SHANKLIN,PO37 6NU PO37 6NU
2 bed 2 bath Commercial Property
Rare three parking spaces and strong seaside tourist trade in Old Village.
Two ground-floor retail units plus one two-bedroom flat above
A flexible mixed-use lot in Shanklin Old Village, Serendipity House combines two ground-floor retail units with a two-bedroom flat above. Built around 2011, the building offers modern services and low immediate maintenance, with three allocated parking spaces — a rare convenience in this central location. The property sits a short stroll from Shanklin Beach and benefits from strong seasonal tourist footfall that supports shops, cafés and galleries.
The first-floor flat is accessed via its own external staircase and provides light, open-plan living with a modern kitchen, two double bedrooms and a bathroom. The ground-floor units are boutique in scale with glazed bay frontages and basic back-of-house facilities; they are well placed for continuing commercial use or for potential conversion to additional residential subject to planning permission.
This lot will suit investors, owner-occupiers seeking a live/work arrangement and business owners looking for a base in a high-footfall tourist area. The long lease remaining (circa 841 years) is commercially favourable, and the combined offering allows rental income or operational flexibility across residential and retail uses.
Notable drawbacks are factual and important: the property is leasehold, the setting is in an ageing, relatively deprived urban area with above-average local crime figures, and some external elements (front garden and stairway) appear in need of maintenance. Any change of use for the retail units would require planning consent; prospective buyers should commission their own inspections and checks on planning and commercial viability.
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