Mixed Commercial And Residential Investment
12 and 12A Avenue Road, Sandown, Isle Of Wight PO36 8BN
£180,000 24 July 2025
GUIDE PRICE AUCTION DATE
This freehold investment opportunity is situated on Avenue Road, one of the main thoroughfares through the seaside town of Sandown in a largely residential district, a short distance from Sandown's splendid seafront and sandy beach. The building is let as a single entity under the terms of a single lease, with the ground floor arranged as a convenience store, while on the first floor there is a residential apartment. The original 2018 lease was for a period of 20 years and we are advised that the next rent review is due in 2026. Ground Floor Commercial Retail/convenience store. EPC Rating To be confirmed. First Floor Residential Apartment 12A At the time of publication the Auctioneers have been unable to inspect the residential accommodation. Outside It is believed that there are gardens to the rear. Tenancy Let under the terms of a lease for a term of 20 years from 15th October 2018 at a current rental of £18,350 per annum. EPC Rating E Council Tax Band B
12A Avenue Rd, PO36 8BN
Guide Price
£180,000 +
Auction Date
24 Jul 2025
Lot
Lot 88
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.