A FORMER Barclays bank building branch on the Isle of Wight is set to go under the hammer, with redevelopment potential on offer.
Located at 11-13 High Street in Sandown, the freehold property is being auctioned with a guide price of £85,000 and £90,000.
The lot is marketed as a commercial investment opportunity with flexible future uses, through Clive Emson auctioneers.
A historical Sandown High Street listing records Barclays Bank Ltd, at number 11, in 1957.
The ground floor of the property has more recently served as the offices of Jerome and Co solicitors.
It includes an entrance lobby, former banking hall, strong room, multiple offices, cloakrooms and a staff kitchen, with a small enclosed garden at the back.
Alternatively, it is considered that the rear section of the building may well be suited to conversion into residential accommodation — while retaining a commercial presence on the High Street, subject to all necessary consents being obtainable.
The first floor has already been converted to residential use and has been sold on a long leasehold.
Viewing is available either through the website, or by phoning 0345 850 0333.
Bookings are available at 2.15pm on Thursday, June 4; Monday, June 8; and Thursday, June 11.
The auction ends on June 17.
Joint auctioneers are Scotcher and Co.
Share