Workshop and Retail Space
A converted workshop/garage that has previously been used for Airbnb self catering purposes, with planning approval for office. We feel the premises could be used for a variety of uses, subject to planning consents.
The premises enjoy comfortable features including a kitchen area complete with some integral appliances, a good sized split level area with a shower room leading off. There are individual modern electric wall heater and the windows and door are double glazed. Hot water is provided by a pressurised electric hot water heater. Outside, there is a driveway to the front leading off New Village and providing access to a parking area. A gated side access leads to an enclosed paved courtyard area to the rear situated within freshwater Village on the Isle of Wight.
Well appointed with a range of modern cupboards and drawers with solid<br>wood worksurfaces, inset sink unit, intergated fridge with freezer compartment, a washing machine and a pressurised electric hot water tank.
A generous split level space with window to the side and two roof lights<br>flooding light into the space as well as two modern electric heaters.
Well appointed and featuring a shower cubicle, vanity wash basin and WC<br>together with a chrome ladder heated towel/radiator.
To the front of the premises is a gravelled driveway access with space for one car to park. There is a right of way over the remaining driveway area to<br>neighbouring properties which must be kept clear. A gated side access with pathway leads to a rear courtyard area which is laid to sandstone paving and provides access into the premises through double doors.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of £3,000 inc. VAT.
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
