Shanklin, Isle of Wight, PO37 6JY - Online Auctions

*** FOR SALE BY ONLINE AUCTION *** 19th September 2019 Mixed Commercial & Residential Property in need of modernistaion in High Street Location MIXED USE PROPERTY COMPRISING VACANT HIGH STREET SHOP WITH 3 BEDROOM FLAT ABOVE IN NEED OF MODERNISATION THROUGHOUT Situated in a prominent location on the High Street the property has previously been let generating an income of £10,236pa for the commercial property and once modernised the flat should generate a yield of £8,100pa according to local agents GROUND FLOOR Main Retail Area Kitchen Cloakroom FIRST FLOOR Entrance Hall: 22' 0" x 14' 5" (6.71m x 4.39m) Lounge: 16' 2" x 13' 11" (4.93m x 4.24m) Kitchen/Breakfast Room: 13' 9" x 7' 9" (4.19m x 2.36m) Bedroom One: 15' 7" x 15' 0" (4.75m x 4.57m) Bedroom Two: 14' 7" x 10' 2" (4.44m x 3.1m) Bedroom Three: 10' 0" x 6' 5" (3.05m x 1.96m) Bathroom: 9' 10" x 5' (3m x 1.52m) Single Fronted High Street Shop with illuminated signage and predominantly glass frontage there is a free public parking area on the opposite side of the street Set in the centre of Shanklin on the High Street the property is ideally located being about 650 yards East of Shanklin Beach Additional Fees Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion Freehold Mixed Use C Shop C, Flat F Buyer's Premium £1,800.00 Inc VAT Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.