Lot 128

THREE STOREY BUILDING COMPRISING THREE BEDROOM FLAT AND TWO FLOORS WITH POTENTIAL

22 George Street, Ryde, Isle of Wight, PO33 2EW
22 George Street, Ryde, Isle of Wight, PO33 2EW
Withdrawn After

This substantial and attractive Georgian building occupies an excellent location in Ryde town centre a short distance from the hovercraft and fast cat connections to the mainland.

The building is at present arranged as a recently refurbished three bedroom residential flat on the lower ground floor.

The upper two floors have been in use as offices, producing a worthwhile investment income.

Currently vacant, the building is considered ideal for use as an income producing investment. The building has previously had the benefit of planning consent for full conversion to residential accommodation either as a single dwelling or apartments, or it is considered that there may be potential for an HMO, subject to all necessary consents being obtainable.

Lower Ground Floor

Residential Flat

Living room, kitchen, three bedrooms and bathroom/W.C.

Upper Ground Floor

Entrance hall, range of four offices, staff kitchen and cloakroom with W.C.

Second Floor

Entrance hall, six offices, staff kitchen and cloakroom with W.C.

Local Planning Authority

Isle of Wight Council. Tel: 01983 823552. Website: iow.gov.uk.

Outside

Gardens to front and side.

Freehold with Vacant Possession

Important

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/