School Green Road, Freshwater
£275,000

INVESTMENT OPORTUNITY! Freehold building with current SHOP FRONT and RESIDENTIAL Accommodation. Offering fabulous INCOME POTENTIAL this property provides a range of uses whether you’re looking for a business opportunity to run a shop or store with the benefit of living accommodation, or perhaps for a rental investment with the potential to lease a shop and convert the living accommodation into a flat for residential or holiday let (subject to relative planning permissions). Other benefits include two upstairs shower rooms, an upstairs kitchenette, downstairs kitchen and a rear private garden.

The property is located in a prominent central position close to shops and amenities and benefits from an open outlook facing towards School Green. Properties of this type are rare to the market so don’t miss out, call Wright Estate Agents for more information.

Freshwater is a popular West Wight village with a warm and lively community and a thriving village center with such amenities as a health & leisure center, primary school, vet, dentist, library, chemist and a good variety of locally run shops and eateries. The village is popular with tourists and is close to our three beautiful beaches namely Freshwater Bay, Totland Bay and Colwell Bay and the wide range of walk son offer such as Tennyson’s Trail.

Shop Front
Double glazed door to:

Shop/1st Reception room (6.05m x 3.61m (19'10 x 11'10))
Double glazed window to front, radiator, door to:

Hallway
Double glazed door to side, stairs off, door to:

2nd Reception Room (3.71m x 3.68m (12'2 x 12'1))
Under stairs cupboard, radiator, door to rear, opening to:

Kitchen (2.54m x 3.63m max into alcove (8'4 x 11'11 max int)
Double glazed window to rear and side, range of wall and floor mounted units with work surface over, stainless steel sink unit with mixer tap over, space for fridge freezer, space for washing machine.

Stairs to:
Miniature landing with doors off either side, please note the top floor has been split into two dwellings ideal for Air B&B and rental income.

"The Salon" (6.27m x 3.66m (20'6" x 12'0"))
Currently set out as a studio apartment and run as an Air B&B. The front door leads to open plan living space with double glazed window to the side, double glazed windows to the front overlooking the green, 2 radiators, kitchenette area comprising of work surfaces with drawers and cupboards under, inset stainless steel sink unit, space for fridge.

Shower Room
Walk in shower cupboard with mixer shower, heated towel ladder, hand wash basin with vanity unit under, low level W.C

"The Flat"
Currently rented out on an assured short hold tenancy.

Door to:
Hallway with doors off, cloaks cupboard, cupboard with plumbing for washing machine and shelving, Worcester boiler for heating and hot water.

Bed (3.71m x 2.13m (12'2" x 6'11"))
Double glazed window to rear, double glazed window to side, 2 radiators.

Shower Room
Double glazed window to rear, shower bath with screen and mixer shower over, hand wash basin with vanity unit under, heated towel ladder, low level W.C

Garden
Enclosed by fencing the garden extends back from the property and is arranged with patio areas and multiple flower beds homing a wide range of mature shrubs, plants, bushes and trees. The garden is both peaceful and private and is ideal for those with green fingers. The garden also benefits from a timber shed and access into a brick housed W.C.

Tenure
Freehold

Council Tax
Band - B please contact the Isle of Wight County Council for further information.

Services
Unconfirmed mains drainage, mains water, mains electric, mains gas.

Broadband Delivery: Copper ADSL (Wired)

Network Availability: WightFibre, Openreach

Fastest estimated speeds predicted by the network operator(s): Standard DL 18Mbps UL 1Mbps / Superfast DL 76Mbps UL 19Mbps / Ultrafast DL 900Mbps UL 900Mbps

Mobile Signal/Coverage: EE (limited), Three (likely), O2 (likely voice limited data), Vodaphone (likely voice limited data).

All information regarding Broadband speed and Mobile signal/Coverage has been acquired via Ofcom, though we recommend buyers making their own enquiries or testing their mobile signal when viewing the property, as it can be highly subjective.

Rights/Restrictions/Wayleaves/Easements
It's understood that a pedestrian right of way exists for our property across the back of the neighbouring left hand property to access onto School Green Road. Further investigation from a solicitor at the buyers appointment is advisable.

Construction
The main property is believed to be of Standard Construction however it is understood that the rear double story extension is of single skin construction. Further inspection by a qualified surveyor at the buyers appointment is advisable.

Additional Info
Flooding: The Gov website flood risk assessment indicates the property is in a High Risk area for surface water flooding, however our vendor has confirmed the property has never flooded within their ownership.

Planning Permission: The property has expired planning permission granted to separate the bookshop and two bedroom flat above for independent occupancy. 20/01048/FUL

Agents Notes
Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you. None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you. Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.