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Lot 8 - St. James Street

Guide Price*

£95,000 Buyers Premium Applies

  • 8 St. James Street, Newport, Isle of Wight, PO30 5HE

Freehold Terraced Building Consisting of a 2 Bedroom Flat & Commercial Lock Up Shop in Newport, Isle of Wight PO30 - Development Opportunity

Features

GUIDE PRICE: £95,000 to £105,000

Town & Country Property Auctions are delighted to offer for sale this well presented two bedroom maisonette with a vacant lock up shop and the freehold situated in Newport PO30.

The maisonette is currently let on a rolling contract with the option to continue or to serve notice to the tenants. The lock up shop is currently vacant and in need of light renovation and has potential (STP) to be converted into a further studio flat. The property is being sold with the freehold for the building, all details can be found within the legal pack.

Maisonette Property Features:

. Two Double Bedrooms

. Separate Lounge

. Modern Kitchen/ Diner

. Large Modern Bathroom

. Currently Let for £650 Per Month (Rolling Contract)

Lock Up Shop Property Features:

. Vacant Lock Up Shop

. Store to Rear

. Staff WC

. Potential to convert into a further studio flat (STP)

ARRANGE A VIEWING

Due to the COVID-19 restrictions all viewers must wear protective gloves, face masks and follow social distancing rules when viewing this property. Children under the age of 18 are not permitted to view. To arrange a viewing please contact us.

MAKE A PRE-AUCTION OFFER

Pre-Auction offers are considered by the seller with flexible completion dates offered due to COVID-19 restrictions (applies to pre-auction offers only). Please contact us for more information.

Additional Information

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but most satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

8 St. James Street, Newport, Isle of Wight, PO30 5HE

EPC

Floorplan

Floorplans

Floorplan

For Sale at our Past Auction

25th February 2021

  • Register Today for Our Online Property Auction, Starts 10am on the 25th of Feb 2021
  • Started at 5:00pm

To enquire or view, please contact

Dorset & Hampshire

  • Oxford Point, 19 Oxford Road, Bournemouth BH8
  • contact@townandcountrypropertyauctions.co.uk
  • 01202 879157

View Contact Details

Auction Finance

Unconditional Lot - Buyers Premium Applies

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 2%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).

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