Lot 89: FIVE STOREY TOWN CENTRE BUILDING WITH POTENTIAL

Available At £135,000
5 Pier Street,
Ventnor,
Isle Of Wight. PO38 1ST

Viewing by arrangement with Messrs Hose Rhodes Dickson

01983 855525

Situated in the very heart of Ventnor's attractive Victorian town centre and set over five floors, is this building which is, at present, arranged as a retail premises with basement/store beneath, while the upper three floors have, for many years, been in use as owner's accommodation.

It is considered that the property may be suitable for conversion into a number of smaller apartments, while retaining the existing retail space, subject to all necessary consents being obtainable.

Interested applicants are advised to make their own enquiries with the Local Planning Authority, the Isle of Wight Council. Tel: 01983 823552.

Lower Ground Floor

(Accessed from the rear, or internally from the shop) Two principal rooms with smaller store rooms off and cloakroom with W.C.

Ground Floor

Retail area.

First Floor

Hallway, living room, kitchen and bathroom with W.C.

Second Floor

Landing and three bedrooms.

Third Floor

Two bedrooms and walk-in eaves cupboard.

Tenure

Remainder of a 999 year lease from 29 September 1879 at a current ground rental of 20 per annum.

Leasehold with Vacant Possession

Residential EPC: E
Commercial EPC: F

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