Property Auctions - PO37

Auction date: Thu, 18/05/2023 - 14:00

Freehold attractive retail and office parade investment. Three ground and lower ground floor retail units with first floor self contained offices and a lock up garage. Busy town centre location on part pedestrianised street. Popular tourist destination. Rent £30,300 per annum exclusive.

Auction date: Thu, 04/05/2023 - 11:00

An imposing three storey building is currently let at £16,560 per annum. The ground floor is occupied by a florist under the terms of a commercial lease. The substantial four-bedroom maisonette on first and second floors is occupied by a residential tenant.

Auction date: Wed, 12/04/2023 - 11:00

Excellent opportunity on a long lease. Property comprises entrance hall, front seating area, bar/seating area, w/c, and store cupboard. Popular location. Now vacant.

Auction date: Wed, 23/03/2022 - 11:00

This attractive landmark building occupies a prime position in the centre of  a popular seaside town situated on the southeast corner of the Isle of Wight. The building has undergone a programme of extensive upgrading and refurbishment since it ceased trading as a bank. The three vacant floors offer scope and potential for a wide range of future commercial uses, subject to all necessary consents being obtainable. Alternatively, it is considered that the first floor accommodation offers scope and potential for residential conversion, again subject to all the necessary consents being obtainable.

Auction date: Wed, 09/02/2022 - 11:00

This substantial building was originally constructed as retail units on the ground floor with commercial offices above. However, the offices were converted into six residential apartments approximately 10 years ago, all of which have been sold under the terms of long leasehold arrangements. The freeholder benefits from a ground rent income from each of the six flats with four of the ground rents subject to five yearly reviews and the other two subject to 10- yearly reviews. Additionally, the freeholder is responsible for insurance, management and maintenance of the building which is recovered from the leaseholders by way of a service charge. The three retail units on the ground floor are all let under the terms of commercial leases. Currently let at £19,337.80 per annum. Rising to £21,637.80 subject to new lease

Auction date: Wed, 08/09/2021 - 11:00

A well presented 2 bedroom maisonette enjoying a stunning woodland outlook. Spacious internal layout of lounge, kitchen/diner, 2 bedrooms and a bathroom. Outside there is a private area of garden and driveway parking.

Auction date: Wed, 28/07/2021 - 10:30

A first floor one bedroom flat situated within a popular development arranged over ground and first floors. The property is subject to a life tenancy at nil rent.

Auction date: Wed, 21/07/2021 - 11:00

A well presented 2 bedroom maisonette enjoying a stunning woodland outlook. Outside there is a private area of garden and driveway parking.

Auction date: Thu, 10/12/2020 - 09:00

Freehold land equivalent to 1.27 acres comprising highway, paths, verges and parcels of land in a residential area.

Auction date: Wed, 04/11/2020 - 10:00

Benefitting from a corner position on the east coast of the Island, this ground and first floor commercial unit is deceptively large and extends to approximately 200 sq.m.(2,152 sq.ft.). In addition to the commercial accommodation there is a one bedroom flat which is accessed separately to the side of the retail premises. Planning consent has also been granted for conversion of part of the existing commercial unit to form an additional residential unit.