Unsold. Please refer to Auctioneer for Reserve.

---

BY ORDER OF CORPORATE CLIENTS

A substantial detached public house (4300 sq ft, source EPC) occupying a site of 0.2 acres, development potential, vacant.

---

Description/Location

Situated in a predominantly residential location close to Shanklin town centre. The property is well presented and provides good potential for existing use and a wide variety of alternative commercial uses. There is also scope for change of use to residential, possibly for conversion to houses or flats subject to planning.

VAT is applicable to this lot

Tenure

Freehold

Local Authority

Isle of Wight Council

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground Floor: Spacious lounge bar with servery and French doors to garden, 2 dining areas (50 covers), games area, trade kitchen and cellar. First Floor: Self contained managers flat comprising living room, kitchen, 3 bedrooms and bathroom. Outside: Front terrace, off street parking, rear garden.

View Larger Map

View larger map on Google Maps.

*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.