Retail property (high street) for sale

Rooms

Location
Located within the heart of Old Town Cowes, Benzies is a destination in its own right and this most attractive property combines history with prime location with the property overlooking The Solent.

Accommodation
A separate entrance door from the High Street, avoiding the commercial part of the building, opens into a hallway with a staircase that leads you up to the three floors above. First Floor: The wide landing has lots of storage cupboards and leads to the reception room and a large kitchen which, in turn, provides a route to the rear garden. Within the kitchen there are many cream coloured base and wall units, space and plumbing for a washing machine and dishwasher, room for a fridge freezer and an integrated single oven and gas hob. The sitting room has all the period features you would expect with a fireplace, large square bay window with a low window seat and high ceilings which provide a bright and airy room.

Accommodation
Second Floor: This level has a large fully tiled bathroom, separate cloakroom, double bedroom and another generously sized bedroom which could be utilised as further reception room. Third Floor: Replicating the lower floor, this has a large bedroom at the front, another double at the rear and a spacious shower room. The hallway has two storage cupboards either side of a secret doorway that leads to the observatory at the very top of the building. Observatory: Climbing a short narrow flight of stairs there is a fully glazed room that gives fantastic 360 degree views of Cowes and out to the Solent. Garden The garden is reached from either the ground floor and climbing a short flight of steps up to area or directly from the first floor. There is an apple tree and space for garden furniture

Tenure
Freehold. Title number IW43198

Rateable value
The adopted rateable value is £6,500 as of 1st April 2023. Sourced from VOA

Council tax
Band B

Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.