This freehold four storey former Bank premises is situated at the top of Union Street in the very heart of Ryde's commercial district at the junction of Union Street, High Street and Cross Street.
The internal accommodation extends to 312 square metres (3,358.34 square feet) set over four floors including the banking hall and ancillary offices on the ground floor. On the lower floor, (which opens at ground floor level onto the rear courtyard) there are traditional bank vaults and plant equipment as might be expected in a building of this nature.
The upper two floors, which include mezzanine levels, comprise a range of former offices, staff facilities and store rooms. It is considered that the building offers great scope and potential for a number of future uses subject to all required consents being obtainable.
Local Planning Authority Isle of Wight Council. Tel: 01983 823552. Website: iow.gov.uk.
EPC Rating The EPC rating for this property is D (84). The building is approximately 312 square metres (3,358.34 square feet).
Freehold with Vacant Possession
Commercial EPC: D
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 www.cliveemson.co.uk, or contact us on 01622 608400, 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 www.cliveemson.co.uk/buyers-fees/
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