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5 bedroom retail property (high street) for sale

Pier Street, Ventnor, Isle of Wight

Guide Price £150,000

Property Description

Full description

Tenure: Leasehold

This is a rare opportunity to acquire a double fronted shop premises with substantial five bedroom accommodation above, in a prime location within the seaside town of Ventnor. The shop currently operates as 'Reed's Hobbys' and is a true gem located next to the co-op store and on the main thoroughfare. This double fronted shop with two basement rooms can be sold with stock at valuation and with certain other items in storage should it be required, please direct enquiries of this manner through our office on 01983 852021. The business has been softly managed over the years and is more of a hobby to the current proprietor, leaving the potential wide open for the future ownership of this rare building. The building is on the remainder of a 999 year lease. Needing modernisation this sizeable home is arranged over three storeys with two storey shop accommodation and ancillary rooms below. The property is accessed from the rear and up a fire escape type staircase. The front door leads into the kitchen/diner; with bay windowed living room and bathroom on this floor. Stairs lead up to the second floor where there are two good size double bedrooms and a smaller single room and further stairs lead to the top floor where there are two more bedrooms, both doubles. Some double glazing has been installed and there is a gas fired central heating system. We highly recommend an early viewing to avoid disappointment.

Commercial Property With Accommodation
Five Bedrooms, Bay Window Living Room
Redecoration & Modernisation Required
Expansion Potential & Basement Rooms
Gas Central Heating & Double Glazing
Stock & Fixtures To Be Discussed



Shop Front16'1" x 16'1" (4.9m x 4.9m).

Back Store15'3" (4.66m) x 12'10" (3.9m) max narrows to 10'2" (3.09m). Stairs to basement.

Basement Room One16'9" x 10'3" max (5.1m x 3.12m max). Door to rear with metal staircase to access the property.

Basement Room Two15'10" x 14'5" (4.83m x 4.4m). Storage with WC off.

WC

Outside staircase to property

Accommodation Door to kitchen/diner.

Kitchen15'5" (4.7m) x 12'10" (3.91m) max (irregular shape).

Hallway Stairs to second floor and doors off to:

Bathroom

Living Room16'5" x 15'1" plus bay (5m x 4.6m plus bay). Double glazed bay window to front aspect.

Second Floor Landing

Bedroom One15'1" x 12'2" (4.6m x 3.7m). Double glazed window to front aspect.

Bedroom Two15'5" (4.7m) x 13'1" (4m) max (irregular shape).

Bedroom Three11'6" x 11'2" (3.5m x 3.4m).

Third Floor Landing

Bedroom Four15'1" x 11'10" max (4.6m x 3.6m max).

Bedroom Five15'5" (4.7m) x 13'1" (4m) max (irregular shape).


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