Isle of Wight High Street shops sold at auction this month

There were 175 lots from across southern England included in the auction, which was Clive Emson Auctioneers’ 250th auction – with it first held in 1989.

A freehold town centre building at 95 Newport High Street, covering more than 11,000 sq ft over two floors and with vacant possession, went for £326,000.

The space was formally used as a Poundstretcher store, which closed in 2020.

Gully Howard was joint auctioneers.

95 High Street, Newport (Image: Clive Emson)

The commercial premises at 52, 52A and 52B Shanklin High Street – sold freehold for £70,000.

52B is let to a barber shop and interconnected with the former Isle of Sweets shop, 52 and 52A, which remains vacant.

Scotcher & Co. were joint auctioneers.

52, 52A and 52B High Street, Shanklin (Image: Clive Emson)

A freehold block of flats at St George’s Hall in George Street, Sandown, with vacant possession, fetched £298,000.

The hall, which was previously a church hall and labour exchange, was converted into four two-bedroom flats and had been let to a housing association.

St. Georges Hall, George Street, Sandown (Image: Clive Emson)

Guided at £85,000-plus, a freehold building at 11-13 Sandown High Street sold prior to the auction.

It was originally constructed as a branch of Barclays Bank to serve the town, with the ground floor, in more recent years, providing offices for solicitors Jerome & Co.

Converted into a flat, the first floor has been sold on a long leasehold.

Joint auctioneers were Scotcher & Co.

11-13 High Street, Sandown (Image: Clive Emson)

A three-bedroom semi-detached house at 50 Shanklin High Street, with a courtyard garden to the side, was purchased for £148,000. 

Westfield Cottage, a two-bedroom freehold residence in a semi-rural location at New Road in Porchfield, was bought for £150,000.

The joint auctioneers were Megan Baker.

Westfield Cottage, New Road, Porchfield (Image: Clive Emson)

Rob Marchant, Island auctioneer, said: “Our milestone June auction delivered a number of sales for clients, with post-auction interest in properties still available, and we look forward to the July auction, our fifth auction of eight this year.”

The next auction by Clive Emson Auctioneers ends on July 24, with bidding live from July 22. 
Lot entries close by July 1, with the catalogue available from July 5.