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More details for Regent St, Shanklin - Specialist for Sale

Shanklin Methodist Church - Regent St

Shanklin, PO37 7AF

Specialist for Sale
£250,000
2,145 sq ft

Shanklin Specialist for Sale

A highly unusual opportunity to purchase this former Methodist Church within the town centre of the ever-popular resort of Shanklin. Price guide is £250,000. Tenure: Overall Freehold. However, we understand that there is an area of land at the rear currently held on the balance of a long ground lease, and investigations are in hand to incorporate that in the Freehold title. We also understand that the overall Freehold includes the Freehold interest for the land adjoining at 27 Regent Street, currently built over with the BetFred betting shop and accommodation over. Eventual tenure will be confirmed in legal documentation. Unusually situated in the main body of Regent Street, which is generally considered the main retail location within the town, and near neighbours include a variety of local and national retailers, plus other uses such as takeaways, restaurants and offices. Among those nearby are Poundland, Southern Cooperative and Peacocks, all firmly established. Shanklin itself is an ever-popular resort town that enjoys a year-round trade, supplemented considerably by seasonal tourism, and it is notable for its wide variety of facilities, including many hotels and guest houses etc., plus the beach and Esplanade overlooking Sandown Bay. This really is a rare opportunity, and early interest is strongly encouraged from suitable applicants. We understand that the church was built in the 1880s, and opened in June 1884, originally as a Wesleyan chapel, with the original foundation stones laid in 1773. The accommodation, which offers the main church with a community hall to the rear, is of traditional construction.