• For Sale By Unconditional Online Auction
  • Guide Price* : £85,000- £95,000
  • Auction Ended 19/09/2019

28 High Street, Shanklin, Isle of Wight, PO37 6JY

*** FOR SALE BY ONLINE AUCTION on the 19th September 2019 ***

Mixed Commercial & Residential Property in need of modernistaion in High Street Location


Description

*** FOR SALE BY ONLINE AUCTION ***
19th September 2019

Mixed Commercial & Residential Property in need of modernistaion in High Street Location

MIXED USE PROPERTY COMPRISING VACANT HIGH STREET SHOP WITH 3 BEDROOM FLAT ABOVE IN NEED OF MODERNISATION THROUGHOUT

Situated in a prominent location on the High Street the property has previously been let generating an income of £10,236pa for the commercial property and once modernised the flat should generate a yield of £8,100pa according to local agents


ACCOMMODATION

GROUND FLOOR
Main Retail Area
Kitchen
Cloakroom

FIRST FLOOR
Entrance Hall: 22' 0" x 14' 5" (6.71m x 4.39m)
Lounge: 16' 2" x 13' 11" (4.93m x 4.24m)
Kitchen/Breakfast Room: 13' 9" x 7' 9" (4.19m x 2.36m)
Bedroom One: 15' 7" x 15' 0" (4.75m x 4.57m)
Bedroom Two: 14' 7" x 10' 2" (4.44m x 3.1m)
Bedroom Three: 10' 0" x 6' 5" (3.05m x 1.96m)
Bathroom: 9' 10" x 5' (3m x 1.52m)


EXTERIOR

Single Fronted High Street Shop with illuminated signage and predominantly glass frontage there is a free public parking area on the opposite side of the street


LOCATION

Set in the centre of Shanklin on the High Street the property is ideally located being about 650 yards East of Shanklin Beach

Additional Fees

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Tenure

Freehold

Lot Type

Mixed Use

EPC Rating

C

EPC Rating

Shop C, Flat F

Buyers Premium

Buyer's Premium £1,800.00 Inc VAT

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

Log in to view your status

Sold for £97,000

This auction lot is now closed.

Auction Ended

Connecting to server...

Make An Offer

Submit an offer for this lot and someone will be in contact shortly.

* Guide | £85,000- £95,000
  • Mixed Use
  • 3 Bedrooms
  • Tenure: Freehold
  • Unconditional (Immediate Exchange)

Call the team on 01702 33 33 99 for more information

Partner Agent

Trigg & Co
01983 525710

Related Documents

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.