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Commercial Investment for Auction Sandown Bay PO37
Auction Date
12 June 2025
Guide Price
£350,000
Property Summary
Occupying a landmark corner location, the majority of the building is now to be occupied by a pharmacy business who have committed to a 30 year commercial lease. The tenants are, at present, undertaking a programme of upgrading and refurbishment prior to the commencement of trading. The lot also includes the freehold interest in a residential flat, which has been sold off under the terms of a long leasehold agreement. Currently let at £35,000 per annum.
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