Lot 49 Shop And Two-bedroom Flat For Investment Or Owner OccupationAuction Date:
11th December 2024
14 Carisbrooke Road, Newport, Isle Of Wight, PO30 1BL
Situated at the Carisbrooke end of Newport town centre, this three storey freehold building presents an excellent opportunity for those seeking a mixed residential and commercial investment opportunity.
The ground floor commercial space which extends almost to the very back of the plot offers scope and potential perhaps for a niche retailer. Enjoying a separate, self-contained access from the inner lobby there is a two-bedroom residential flat on the upper floors which is presented in excellent order and ready for occupation by a tenant or perhaps by an owner occupier seeking a home and income opportunity.
Commercial
Ground Floor
Main retail space and store areas, rear kitchen, cloakroom with W.C.
EPC Rating
E (72). Floor area 62 sq.m.
Residential
First Floor
Landing, bathroom with W.C., kitchen, living room.
Second Floor
Two bedrooms.
EPC Rating E
Council Tax Band A
Outside
Small courtyard to the rear.
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
