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4 bedroom mixed use for sale

51-52 High Street, Ryde, Isle of Wight

Guide Price* £200,000

Property Description

Key features

  • Available Post Auction
  • Auction Date : 15 December 2016
  • Lot Number : 79
  • Retail Unit And Flat Above With Scope For Sub-division
  • Mixed Commercial/Residential
  • *Guide Price : 200,000 PLUS

Full description

Interlinked to suit the previous family business which occupied the building on a home and income basis, numbers 51 & 52 High Street offer scope and potential for sub-division, including at ground floor level if two smaller retail units are required. The upper parts which were previously two flats are also, at present, inter-connected to provide substantial living accommodation but are, again, considered suited to sub-division, subject to all necessary consents being obtainable.

Additionally, it is considered that the store rooms and offices on the ground floor may be suited to conversion to provide residential accommodation, again subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquires with the Local Planning Authority, Isle of Wight Council. Tel: 01983 823552. Website: iwight.com.

Ground Floor
Main retail space with two consultation rooms, four store rooms, staff cloakroom and kitchen.
First Floor
Four reception rooms, kitchen, utility room and bathroom with W.C.
Second Floor
Four bedrooms and bathroom with W.C.

51 High Street
Tenure
Remainder of a 999 year lease from 24th December 1868.

52 High Street
Tenure
Remainder of a 900 year lease from 24th December 1868.

Virtual Freehold with Vacant Possession

Residential EPC: E

Commercial EPC: D

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 www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

More information from this agent

Map & Street View

Disclaimer - Property reference 33593. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Clive Emson Auctioneers, Maidstone. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Clive Emson Auctioneers, Maidstone on 0345 8500333.


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