Dorset high street property up for auction

The freehold building at 7-9 High Street, Gillingham, is listed with a guide price of £220,000 to £240,000.

It is one of 168 lots in the latest auction by Clive Emson Auctioneers, which spans across southern England.

Mike Marchant, senior auction appraiser, said: “Within a stone’s throw of the bridge which features in the painting by John Constable, the building has consent for conversion to three two-bedroom units.

Lot 82 –  7-9 High Street, Gillingham, Dorset, SP8 4AA – Clive Emson Auctioneers (Image: Supplied) “Once completed, the units will be suitable for resale into the local market or for retention as letting investments.”

The online auction is set to finish on Thursday, July 24, with bidding open from 48 hours prior.

Also included in the auction is a three-bedroom maisonette in New Milton’s Station Road.

The first and second floor property has a guide price of £125,000 to £135,000.

It is to be sold with a 999-year lease and a peppercorn rent.

Joe Rocks, auction appraiser, said: “The maisonette is considered very worthy of the improvements required, after which it will be ideally suited to an owner occupier, for re-sale into the local market, or addition to an income-producing portfolio.”