Studio for sale

High Street, Ventnor PO38

This two storey long leasehold commercial unit has operated as a successful and well-known local florist for many years and is now offered for sale due to retirement. Arranged over two floors, it provides a main retail area to the front with a similarly sized workroom to the rear. The lower floor includes a substantial cellar with good headroom, previously used for additional storage and workspace. The unit is well suited for inclusion within an income-producing letting portfolio or for occupation by an owner-user. It is also thought to offer scope for a variety of alternative commercial uses, subject to all necessary consents.

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.
Disclaimer

We have not tested any fixtures, fittings, appliances or services, including any central heating system and we cannot therefore guarantee that these are in working order.
1) Items shown on photographs in these particulars do not imply that they are included in the sale.
2) Tenures are unconfirmed unless stated otherwise.
3) Floor plans are not to scale and are for guidance as to the arrangement of accommodation only.
4) All measurements are approximate.
5) Internal square footage measurements are approximate and
do not include hallways, bathroom/shower rooms or w.c.s.

To view:
Strictly by appointment only through the vendors joint agents Clive Emson Auctioneers and 01 Estate Agents