4 bedroom mixed use for sale51-52 High Street, Ryde, Isle of Wight
Guide Price* £200,000
- 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 descriptionInterlinked 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.
Main retail space with two consultation rooms, four store rooms, staff cloakroom and kitchen.
Four reception rooms, kitchen, utility room and bathroom with W.C.
Four bedrooms and bathroom with W.C.
51 High Street
Remainder of a 999 year lease from 24th December 1868.
52 High Street
Remainder of a 900 year lease from 24th December 1868.
Virtual Freehold with Vacant Possession
Residential EPC: E
Commercial EPC: D
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.
*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.
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*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.
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