Lot 105: DOUBLE-FRONTED SHOP AND FLAT ON A LARGE PLOT WITH FORMER BAKEHOUSE WITH POTENTIAL

Guide Price £105,000 – £115,000 *
51-53 School Green Road,
Freshwater,
Isle Of Wight. PO40 9AS

Viewing by arrangement with Messrs Hose Rhodes Dickson

01983 527727

Further information from Clive Emson Auctioneers

01489 564606

Rob Marchant/Mike Marchant

Situated in the town centre of Freshwater towards the western end of the Island, this double-fronted freehold property consists of a shop, with a large ground/first floor flat which is let to a regulated tenant. The property has recently benefited from a new roof and some double glazing.

The building is situated on a generous plot of 0.05 hectares (0.12 acres), which includes a former bakehouse, and is considered to have potential for conversion/re-development, subject to all necessary consents being obtainable.

Pre-application advice, under ref: iw15/12/24364, gives a positive outlook. Further information will be available for download from the Clive Emson website or inspection at the Auctioneer’s Office. Interested applicants are advised to make their own enquiries with the Local Planning Authority, Isle of Wight Council. Tel: 01983 823552. Website: iwight.com.

Retail Unit

Ground Floor

Double-fronted shop unit with staff room to the rear and cloakroom with W.C.

Tenancy

Let on a licence on a month-by-month basis at a rental of £220 per calendar month.

Flat

Ground Floor

Kitchen.

First Floor

Landing, living room, dining room, three bedrooms, bathroom (no W.C.) and cloakroom with W.C.

Tenancy

Let on a Regulated Agreement at a current rental of £360 per calendar month.

Outside

Gardens to the rear including the former bakehouse.

Residential EPC: TBC
Commercial EPC: TBC

Map

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