Lot 148 Freehold Former Shop With Living Accommodation Behind And AboveAuction Date:
12th June 2025
49 Monkton Street, Ryde, Isle Of Wight, PO33 2BB
Key Features
Situated close to Ryde St Johns Road railway station, this freehold end-of-terrace building was originally arranged as a shop with owner's accommodation above and behind. The shop has not traded for many years but the residential accommodation has continued to be occupied with the benefit of a garden to the rear.
The property requires a programme of upgrading and refurbishment but is considered very worthy of the improvements required. These could include incorporating the former retail space into the living accommodation. Alternatively, prospective purchasers may wish to consider splitting the property into two smaller residential units. All of these works will be subject to all necessary consents being obtainable.
Ground Floor
Kitchen, living room, dining room, former cloakroom (W.C. removed), bathroom with W.C. and former shop space.
First Floor
Two bedrooms.
Outside
Enclosed garden to the rear with side and rear vehicular access.
Local Planning Authority
Isle of Wight Council. Website: iow.gov.uk. Tel: 01983 823552.
EPC Rating G
Council Tax Band A
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
