Commercial Property for Sale in the Isle Of Wight, Newport | Offices, Retail, Industrial

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More details for 45 Sandown Road Rd, Sandown - Retail for Sale

The Stag (former) - 45 Sandown Road Rd

Sandown, PO36 9JL

Retail for Sale
£395,000
1,369 sq ft

Security System
24 Hour Access

Sandown Retail for Sale

Freehold interest of the whole building for sale, with offers invited "in the region of" £395,000. The ground floor benefits from planning permission for conversion to 3 separate flats under planning reference 21/01784/FUL. The upper floors are currently let out and are generating an income of circa £21k per annum. The Stag is a substantial and highly visible detached property on the corner of the junction of Sandown and Newport Road and around the corner from the new Merrie Gardens Retail Park. These two major arterial roads link the Sandown-Shanklin-Lake conurbation with the major towns of Newport, Ryde and Cowes. Ground floor former pub/restaurant area runs to circa 88m² (947 ft²) including the bar which is mainly open plan. There is a children's room/function room to the rear of the premises with a small kitchen and ancillary storage area. The public areas are supported by ladies and gents toilet facilities.