Originally constructed as a branch of Barclays bank, to serve the town of Sandown and, in more recent years, the ground floor of this town centre building served as offices for the highly respected Jerome & Co solicitors. The first floor of the building has been converted into a residential dwelling which has been sold on a long leasehold.
The vacant ground floor, which extends to 223 square metres (2,400 square feet), offers scope and potential for continued use in a commercial guise. Alternatively, it is considered that the rear section of the building may well be suited to conversion into residential accommodation utilising the existing pedestrian access to that section of the building while retaining a commercial presence onto the high street, subject to all necessary consents being obtainable.
Accommodation
Entrance lobby, main reception area (former banking hall) with former strong room/vault, inner hall and a range of additional offices, ladies and gentlemenÂ’s cloakrooms with W.C.s, staff kitchen/rest room, small enclosed garden to the rear.
Auctioneer's Note
The first floor flat (11a) is held under the terms of a 999-year lease from 15th November 1996. Additionally, the freehold title to the adjoining property 13 and 13a High Street is included though these units are held under a long leasehold for a term of 900 years less 10 days from 25th June 1872.
Local Planning Authority
Isle of Wight Council. Tel: 01983 823552. Website: iow.go.uk
