Lot 124 - TOWN CENTRE SHOP WITH ACCOMMODATION OVER

Sold £96,000

This three storey town centre building is situated in the heart of Newport, the Isle of Wight's County town. The ground floor of the building was most recently in use as an estate agents office and there is the additional benefit of living accommodation providing an owner's/manager's flat which is accessed from a rear courtyard.

The property is considered ideal for an addition to an income-producing portfolio or perhaps for use by an owner occupier requiring living accommodation over a business base.

Ground Floor

Main trading/retail area, rear store/office with kitchen facilities and cloakroom/W.C.

Outside

Small enclosed courtyard with staircase leading to:

Owner/Manager's Flat

First Floor

Kitchen/dining room, shower room with W.C. and dining area leading to living room.

Second Floor

Bedroom.

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/