Guide price
£40,000
Property for sale31 High Street, Ventnor, Isle Of Wight PO38
Just added
Leasehold
About this property
Online Auction
Auction Date : 11 December 2025
Lot Number : 61
Prime Town Centre Retail Unit With Substantial Cellar
Vacant Commercial
Leasehold
*Guide Price : £40,000 - £45,000 + Fees
This two storey long leasehold commercial unit has traded as a successful and well known local florist for many years and is sold now due to retirement. Set over two floors, with the main shops' retail area to the front and a similar sized work room to the rear. On the lower floor there is a substantial cellar area, with good head clearance, which has been used to provide additional storage and workspace. The unit is considered ideal for addition to an income producing letting portfolio or for use by an owner occupier. It is believed that the unit offers scope and potential for differing commercial uses, subject to all necessary consents being obtainable.
Ground Floor
Main/trading area and rear store/workroom.
Lower Floor
Large cellar area, providing additional storage and workspace and cloakroom with W.C.
Local Planning Authority
Isle of Wight Council. Tel: Website:
Tenure
Remainder of 125-year lease, from 1st December 2002.
EPC Rating
E (106). Total Floor Area 111 sq.m.
Leasehold with Vacant Possession
Commercial EPC: E
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 , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Ground Floor
Main/trading area and rear store/workroom.
Lower Floor
Large cellar area, providing additional storage and workspace and cloakroom with W.C.
Local Planning Authority
Isle of Wight Council. Tel: Website:
Tenure
Remainder of 125-year lease, from 1st December 2002.
EPC Rating
E (106). Total Floor Area 111 sq.m.
Leasehold with Vacant Possession
Commercial EPC: E
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 , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
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