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Regent St - Shanklin Methodist Church 2,145 SF Specialty Building Offered at $335,643 in Shanklin PO37 7AF



Investment Highlights
- Former methodist church within the town centre of Shanklin
- The total current net internal area calculates at some 2,145ft²
- Unusually situated in the main body of Regent Street
- Prominent frontage
Executive Summary
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.
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.
Property Facts
| Price | $335,643 | Building Class | C |
| Price Per SF | $156.48 | Lot Size | 0.18 AC |
| Sale Type | Owner User | Building Size | 2,145 SF |
| Tenure | Freehold | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1882 |
| Property Subtype | Religious Facility |
| Price | $335,643 |
| Price Per SF | $156.48 |
| Sale Type | Owner User |
| Tenure | Freehold |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,145 SF |
| No. Stories | 1 |
| Year Built | 1882 |
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Regent St - Shanklin Methodist Church
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