Lot 124: TOWN CENTRE UPPER PARTS FOR CONVERSION TO TWO FLATS

Sold £65,000

Located in the heart of Newport, the Island’s county town, the upper two floors of this three storey building are offered for sale on a long lease, with Planning Permission for conversion into two flats.

Existing Accommodation

First Floor

Three store rooms, kitchen and cloakrooms with W.C.s.

Second Floor

Four store rooms.

Proposed Accommodation

First Floor

Living room, kitchen, bedroom and shower room with W.C.

Second Floor

Living room, kitchen, bedroom and bathroom/W.C.

Tenure

Remainder of a 250 year lease commencing upon completion at a ground rental of £250 per annum.

Planning

Planning Permission has been granted by Isle of Wight Council under ref: P/00862/17, dated 12th March 2018, for change of use from class A2 and internal alterations to form two flats, subject to conditions. A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website, inspection at the Auctioneer’s Office or via the Isle of Wight Council website where further information may be available.

Leasehold with Vacant Possession