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This property is no longer on the market

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Features and description

  • Tenure: Freehold
  • For Sale by Online Auction
  • Auction Date : 18 September 2024
  • Lot Number : 173
  • Town Centre Freehold Three Storey Bar With Garden And Parking
  • Vacant Commercial
  • Freehold
  • *Guide Price : £195,000 Plus + Fees

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This three storey town centre building is situated in a prime location on Ventnor High Street and was, until recently, trading as the
High Street Bar Company.

The building is in a good location for footfall with public car parks to both front and rear in addition to its own rear garden which includes a small car parking area.

The property has undergone a significant level of upgrading and investment in recent years and is considered ideal for continued use as a bar or eatery or for other commercial uses, subject to all necessary consents being obtainable.

The 2016 Planning consent for conversion which has been implemented also allowed for a rear extension and additional seating areas and this section of the consent has not been implemented but could be completed by the new owners if required.

Planning
Planning Permission has been granted by the Isle of Wight Council under ref: P/00197/16, dated 5th May 2016, for demolition of studio; alterations and conversion of shop to form bar/restaurant; proposed three storey rear extension to form seating area, subject to conditions.

A copy of the Planning Consent and accompanying documents may be downloaded from the Local Planning Authority Website, iow.gov.uk. [use Contact Agent Button].

Lower Ground Floor
Accessed internally or externally from the rear, comprising games room, office, ladies and gents cloakrooms with W.Cs.

Ground Floor
Main bar area and cloakroom with W.C.

First Floor
Additional seating area and open plan kitchen.

Outside
Pub style garden to rear and car parking accessed via the Pound Lane car park.

Freehold with Vacant Possession

Commercial EPC: B

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
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About this agent

Clive Emson Land & Property Auctioneers - Maidstone
Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road Maidstone, Kent ME16 8PY
01622 279788
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Clive Emson Auctioneers was founded in 1989 to supply a high profile auctioneering facility to corporate and independent estate agents, private clients and statutory bodies. Our success is due to, and remains, attributable to a firm commitment to quality and service distinguished by both our Investors in People and ISO accreditations. The concept of the Company is to provide a specialist land and property auctioneering service and, therefore, does not compete with the traditional estate agency, mortgage broking, insurance or any other aspect of the property world. All properties upon which we are instructed are offered for sale in the auction catalogue. The 20-25,000 full colour catalogues produced for each of our auctions are available either by post or through a network of over 850 estate agency outlets throughout Southern England. Our marketing is supported by more estate agency offices than any other auctioneers practice. In addition lot details, catalogue downloads, viewings and legal documentation are available through this website.
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