4 High St 3,015 SF Retail Building Ventnor PO38 1RY $274,801 ($91.14/SF)

Price guide £199,000 Freehold.
Situated in the heart of this ever-popular small resort town and offered for sale as surplus to our client’s current property requirements, this extensive property is built over four floors and should be viewed to be fully appreciated. Opportunities such as this within Ventnor are rarely available, therefore early interest and viewing is encouraged.
Ventnor itself is well-known for its own ‘microclimate’ situated as it is in the lee of St. Boniface Down, and the town has within its boundaries a wide variety of facilities within its boundaries and benefits from a good year-round residential trade, which is supplemented during the summer season by tourism and visitors.
Near neighbours to the property include Southern Cooperative, Boots, Hose Rhodes Dickson Estate Agents, the local Post Office, and a varied selection of independent retailers and popular catering establishments.
The property itself is coming to the market for the first time in some 60+ years and is expected to be of interest to investors, owner-occupiers, developers and speculators alike. It is of traditional construction, with further details as briefly outlined overleaf.
Accommodation is constructed over four floors, benefiting from a loading yard and access to the rear of the lower ground floor. A floor plan is available upon request to show the full extent of the property, and this is for identification purposes only. The lower ground floor and first floor are linked by a solid internal staircase, with a further feature timber staircase to the second floor.
Ground Floor: Comprises a double-fronted retail unit, partially subdivided, with a maximum internal width of some 34’6’’ x a maximum overall depth of about 46’, configured to provide overall some 1,430ft² (132.76m²) net sales, backed by a staffroom, kitchen, twin WCs and small office facility, and an internal landing with staircase to floors above and below. Please note that the goods lift is not operational.
First Floor: Comprises an extensive former flat, with potential for five bedrooms, a bathroom, sitting room, kitchen and ‘games room’, again served by the internal staircase, with a further feature timber staircase to…
Second Floor: Currently attic storage of some 720ft² with good height and lined with original dark wood paneling and shelving.
Lower Ground Floor: Provides for extensive storage, currently subdivided but to overall provide for some 1,585ft² (147.25m²) of storage.
External: A loading yard with vehicular and pedestrian access from the car park to the rear. We also understand that a neighbouring property may have emergency exit over the rear yard.