Lot 103


Unit 3, Number One The Parade, Cowes, Isle of Wight, PO31 7QJ
Unit 3, Number One The Parade, Cowes, Isle of Wight, PO31 7QJ
Sold After

Previously let at £15,840 per annum

Occupying a prime location on Cowes Esplanade, overlooking the harbour mouth of this internationally renowned yachting centre, this ground floor commercial unit has most recently been in use as a centre for corporate hospitality based around Cowes Week and the town's extensive yachting events.

Accordingly, the unit has the benefit of ladies’ and gents’ shower rooms and kitchen facilities.

The commercial space offers flexibility for other potential future uses with other users in The Parade, including a yacht brokerage and a fine art showroom.


Main office/reception area, kitchen facilities, ladies’ and gents’ shower rooms with W.C.s and disabled W.C.


Held on a long leasehold basis for a term of 999 years from 1st June 2007.

Leasehold with Vacant Possession


All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/