Retail premises for sale in 134 & 135 High Street, Newport, Isle Of Wight PO30
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- For Sale by Online Auction
- Auction Date : 18 September 2024
- Lot Number : 37
- Freehold Town Centre Building With Potential
- Commercial Investment
- Freehold
- Current Rental : £2,410 Per Annum
- *Guide Price : £260,000 - £280,000 + Fees
Property description
The accommodation is split across three floors and the upper two floors offer a good deal of scope and potential for upgrading and remodelling to form several residential units, subject to all necessary consents being obtainable.
The existing ground floor comprises two retail units, both of which are considered an ideal size for letting to local businesses.
134 High Street
Ground Floor
Main retail area, office, staff room with kitchen and W.C.
135 High Street
Ground Floor
Main retail area and stairs to first floor.
First Floor
Open-plan rooms, currently in use as office/storage for the commercial unit.
Holyrood Street
Ground Floor
Entrance lobby, storeroom and cloakroom with W.C.
First Floor
Office and further cloakroom with W.C.
Tenancy
Let on an informal basis at a current rental of £2,240 per annum.
Second Floor
An array of office/former residential rooms and bathroom with W.C.
Local Planning Authority
Isle of Wight Council. Tel: Website:
Freehold with Part Vacant Possession
Commercial EPC: C
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 the 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 , or contact us on , in order to stay fully informed with the up-to-date information.
*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
Property info
For more information about this property, please contact
Clive Emson Auctioneers, ME16 on +44 1622 829820 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clive Emson Auctioneers, and do not constitute property particulars. Please contact Clive Emson Auctioneers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.