Lot 96
    Commercial Property
    52
    54 and 56 Fitzroy Street and 66-68 Station Avenue, Sandown, Isle of Wight, PO36 8HW
    £250,000+
    Guide Price (plus fees)
    Number 1
    A Vacant Derelict Mixed Use Corner Building Arranged to Provide Four Ground Floor Shops and an Office with Residential Units on the Upper Floors. Offered With Planning Permission for a Side Extension to Convert the Property into Seven Flats

    Description

    The property comprises a derelict mixed use corner building arranged to provide four ground floor shops and an office with residential units on the upper floors. The property requires a program of refurbishment.

    Tenure

    Leasehold. The property is held on a 955 year lease from 11th November 1904 (thus approximately 834 years unexpired).

    Location

    The property is situated on a mixed use road close to local shops and amenities. The open spaces of Sandown Beach are within easy reach. Transport links are provided by Sandown rail station.

    Accommodation

    Ground Floor
    4 x Commercial Units
    Office

    First and Second Floors
    Residential Units

    Planning

    Isle of Wight Borough Council granted the following planning permission (ref: 24/00762/FUL) on 29th May 2024 : 'Partial demolition of side extension; Proposed conversion, alterations and side extension to form 7 flats'.

    Note

    The property has not been inspected by Auction House London. All information has been supplied by the vendor.
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