*** 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
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.
- Mixed Use
- 3 Bedrooms
- Tenure: Freehold
- Unconditional (Immediate Exchange)
Call the team on 01702 33 33 99 for more information
Viewing Information
Please call Trigg & Co on Tel: 01983 525 710
Partner Agent
Related Documents
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