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19

19-21 School Green Road, Freshwater, Isle Of Wight
£245,000

Our Summary

  • It is considered that there may be scope and potential for further sub-division of the substantial staff amenity space to the rear of the larger shop to provide a further residential unit, subject to all necessary consents being obtainable
  • Part Freehold, Part Leasehold with Vacant PossessionResidential EPC: TBCCommercial EPC: TBCImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
  • Auction Date : 24 July 2025
  • For Sale by Online Auction
  • Town Centre Building Comprising Two Shops, A Flat And With Scope For Further Sub-division

Description

The property, located at 19-21 School Green Road, is a commercial and residential complex that has traded as Elliotts, a local retailer, for many years. The ground floor is comprised of two retail units, one held on a 150-year leasehold title and the other on a freehold basis, which also includes a first-floor residential flat let under a Lodger Agreement. The property has a vacant shop unit, a substantial former retail shop, and a first-floor flat, all with potential for further development, subject to necessary consents. The property also features a car hardstanding space and a ribbon of garden. The local planning authority is the Isle of Wight Council, and the property is being sold with vacant possession.