Town Centre Building with Two Shops and a Flat
19-21 School Green Road, Freshwater, Isle Of Wight PO40 9AJ
£245,000 24 July 2025
GUIDE PRICE AUCTION DATE
The ground floor of 19-21 School Green Road traded for many years as Elliotts, a popular and well-known local retailer, though in more recent times the smaller shop (19) was separated off and let, leaving No. 21 trading under the Elliotts banner. The lock-up shop (19) is held under the terms of a (150-year) long leasehold title. The larger of the two retail units (21) is held on a freehold basis and includes a first floor residential flat which is let under the terms of an Lodger Agreement. It is considered that there may be scope and potential for further sub-division of the substantial staff amenity space to the rear of the larger shop to provide a further residential unit, subject to all necessary consents being obtainable. 19 School Green Road Ground Floor Vacant shop unit including main sales area, rear kitchen/staff amenity area and staff cloakroom with W.C. Tenure Remainder of a 150-year lease from 11th September 2015. EPC Rating To be confirmed. 21 School Green Road Ground Floor Substantial former retail shop with rear store room. Staff amenity area to the rear which includes kitchen, living room and bathroom with W.C. EPC Rating To be confirmed. 21A School Green Road First Floor Flat Landing, living room, bedroom, kitchen and shower room with W.C. Tenure Let under the terms of a Lodger Agreement from 1st November 2024 with a 4 week notice term at a current rental of £450 per calendar month. EPC Rating To be confirmed. Council Tax Band A Outside There is a car hardstanding space to the side of the property suitable for a small car and there is a ribbon of garden to the side of the building. Local Planning Authority Isle of Wight Council. Tel: 01983 823552. Website: iow.gov.uk. Part Freehold, Part Leasehold with Vacant Possession
19 School Green Rd, PO40 9AJ
Guide Price
£245,000
Auction Date
24 Jul 2025
Lot
Lot 61
Auctioneer
Clive Emson
Clive Emson
Rocky Hill London Road Maidstone Kent ME16 8PY
01489 564606
About Clive Emson

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. The success of our auction house 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 Clive Emson 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 catalogues that are compiled monthly.