Lot 29: SHOP AND FLAT FOR INVESTMENT

Guide Price £100,000+ * + Fees
Commercial Unit & Flat, Corinthian Court, Cross Street, Shanklin, Isle Of Wight. PO37 6BU

Viewing by arrangement with Hose Rhodes Dickson

01983 527727

Further information from Clive Emson Auctioneers

01489 564606

Mike Marchant/Rob Marchant

Benefitting from a corner position in Shanklin on the east coast of the Island, this ground and first floor commercial unit is deceptively large and extends to approximately 200 sq.m.(2,152 sq.ft.). In addition to the commercial accommodation there is a one bedroom flat which is accessed separately to the side of the retail premises. Planning consent has also been granted for conversion of part of the existing commercial unit to form an additional residential unit.

Commercial Accommodation

Main retail area, several treatment rooms and staff/customer toilets.

Residential Accommodation

Kitchen/living room, bedroom, shower room and cloakroom with W.C.

Proposed Residential Accommodation

Kitchen/living room, bedroom and shower room with W.C.

Planning

Planning Permission has been granted by Isle of Wight Council under reference P/00187/17, dated 7th September 2017, for the conversion of part of ground floor to residential unit, subject to conditions. A copy of the planning consent and proposed plans will be available to download from the Clive Emson website.

Tenure

Remainder of a 998 year lease from 24th June 1987. Further details will be available to download in the legal documentation.

Leasehold with Vacant Possession

Residential EPC: E
Commercial EPC: B

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The map and satellite images are based on postcode information and are available for directions only. They may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.