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Retail Investments for Sale

Esplanade, Shanklin, PO37

£975,000.00
Retail Investments for Sale

Esplanade, Shanklin, PO37

£975,000.00
Currently let on the balance of a 15 year term from January 2018.
The current rent payable is £68,000 p.a.x. The lease includes two personal guarantees from the tenants and a deposit equating to 6 monthsss rent.

Location

Located overlooking Shanklinnns award-winning seafront and popular beach, and enjoying spectacular views, the property comprises a well-presented bar, restaurant and guest accommodation and is offered for sale as an investment, subject to the existing tenancy in situ.

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Investment property for SaleShanklinEsplanade, Shanklin, PO37