slideshow   map   streetview   details   floor plans  back


Property new instruction
Commercial, Ventnor, Isle of Wight, Offers in the region of £175,000

Ventnor office.
Positioned in the heart of the town
Has been run successfully in the past as a bar and restaurant
To include the entire ground floor and lower ground floor/ cellar
New 250 year lease to be created for the new owner
Ground floor consists of two bar areas and a substantial function room
Lower ground floor has been used as a kitchen, a function room with bar and a cellar

The Central is prominently situated on the corner of Ventnor’s High Street, directly opposite the town’s main car park and next door to Tesco Express.
The public areas of the ground floor run to a total of circa 1,808 square ft. plus female and male toilet facilities and a small kitchen area. The function room runs to a total of 753 square ft. The ground floor of the building internally presents well, having had a substantial amount of money spent on it, including improvements to the main structure and upgrade of services. This lends itself well for becoming a Bar and /or Restaurant offer.
The Basement/ Cellar runs to circa 1,560 square ft. GIA offering a substantial amount of space for kitchen, cellar for the Bars, food preparation area and storage. The lower ground floor also has its own access off Market Street and has previously been used as a function room with a bar. Please refer to the floor plan for measurements and further details.

TERMS:
For Sale with offers invited “in the region of” £175,000 for the ground floor and basement of the property. A new 250 year long leasehold will be created for the property.

UNIFORM BUSINESS RATE:
Rateable Value: £5,400
(2019/2020): £0.504p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council with regard to any rate liability or rate concession that may be applicable by telephoning 01983 821000.

For further details please contact our office.

DISCLAIMER
We have not tested any fixtures, fittings, appliances or services, including any central heating system and we cannot therefore guarantee that these are in working order.
1) Items shown on photographs in these particulars do not imply that they are included in the sale.
2) Tenures are unconfirmed unless stated otherwise.
3) Floor plans are not to scale and are for guidance as to the arrangement of accommodation only.
4) All measurements are approximate.
5) Internal square footage measurements are approximate and
do not include hallways, bathroom/shower rooms or w.c.s.

TO VIEW:
Strictly by appointment only through the vendors joint agent 01 Estate Agents


The central


Property to rear


Function room


Function room


Function room


Bar number 1


Bar number 2


Bar number 2


Kitchen area


Lower gf function room/ bar


Lower gf function room/ bar


Cellar


The central


Property to rear