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£20,000

Esplanade, East Cowes, Isle Of Wight, PO32

  • 0 beds
Other

£20,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£91 per month

Minimum deposit amount:

£1,000
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A RARE OPPORTUNITY! Situated on the sunny esplanade of East Cowes is a wonderful and rare opportunity to purchase a traditional wooden beach hut. Situated overlooking East Cowes seafront onto West Cowes just a short walk from the paddling pool/ splash area, forest walks, licensed Cafe offering hot and cold food, public toilets and the most idyllic place to sit and watch the sun-set on a summers evening! Whilst sitting on your terrace you can enjoy endless water activity with variety of cruise liners, sailing and even sea swimmers! A perfect coastal retreat for a relaxing or fun-packed day at the seaside - come rain or shine - anytime of year! The hut boasts a variety of activities and sea views. The beach hut land is acquired on a lease tenure with the Isle of Wight Council with an annual rent payable, subject to phased incremental/ annual RPI increases. The actual hut is privately owned with the owner being responsible for on-going maintenance. No services connected. Please note that the purchaser is responsible for their legal costs associated with the purchase, and the lease assignment arrangements with the IW Council. The seller is responsible for their legal costs associated with the transfer of the licence/lease to the new owner. Terms and conditions apply with regard to the use of the Beach Hut, but it can be used all year round. Site License: �452.74 Per Annum (paid up to 31st March 2026) Business Rates: �187.13 Per Annum

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