Summary - 21D, HIGH STREET PO37 6JW
1 bed 1 bath Commercial Property
**Standout Features:**
- Price: £75,000
- Size: Approximately 780 sq. ft.
- Commercial space with two units; one rented at £3,600 per annum
- Ideal location in Shanklin town centre, near amenities
- Chain-free sale
- 828 years remaining on lease
- Mains electricity, water, and drainage available
**Notable Downsides:**
- Requires renovation; currently underutilized as storage
- Above average crime rate
- Area classified as deprived
**Summary:**
Located in the heart of Shanklin, this versatile commercial property offers excellent renovation potential for investors or business owners looking to take advantage of its prime location. With two small units, one currently generating rental income of £3,600 per year, this property represents a unique opportunity for added revenue. Close to a myriad of local amenities, the premises benefit from excellent mobile and broadband connectivity, making it suitable for both local and online businesses.
However, prospective buyers should note the property requires work to bring it up to modern standards, as it currently serves primarily for storage and has an overall dated appearance. The above-average crime rate and the area's deprived classification are factors worth considering during your decision-making process. Don’t miss the chance to transform this space into something exceptional—schedule a viewing today to explore its potential!
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