Depozitory, Nelson Street, Isle of Wight

Dating back to 1832 and originally a Wesleyan Chapel. This unique building has been restored for the local community and is now known as The Depozitory. However, the property is suitable for a variety of uses, conversion to residential, air B & B , multi use or commercial. Currently listed as D1/D2 for the last 25 years.( stores and premises), any change will need verification.

History

Major refurbishment started in 2000 and has continued over the years. The open plan first floor has been divided into an airy open reception area and rooms have been partitioned off to allow for individual art display area, working art areas and meeting rooms. The first floor which still has the original 1832 ceiling rose is currently one large room with two smaller rooms to the front. Two winding sets of stairs connect these two levels.
The current basement has a chequered floor and is currently used as a display area for local artists, near and far.
Currently the whole property is used for a variety of events from annual dinner dances, arts group and display exhibitions.
The property has been listed under D1/D2 all these past 25 years as " Stores and Premises".

The property with approximate measurements comprises:

Two sets of timber doors to:

Entrance area
6.44 m x 1.06 m (21'2" x 3'6")

Two arched windows into the main reception area.

Main reception area

Large open area which leads through to individual rooms. Exposed floor boards. Two sets of stairs either side of the entrance area lead to the first floor. Doors to:

Room
5.21 m x 3.42 m (17'1" x 11'3")

Window to side aspect. Exposed floor boards. Under stairs storage cupboard.

Room
3.42 m x 4.19 m (11'3" x 13'9")

Two windows to side aspect.

Room
4.22 m x 3.71 m (13'10" x 12'2")

Roller shutter to side aspect.

Room
4.16 m x 3.40 m (13'8" x 11'2")

Window to side aspect

Room
4.19 m x 3.62 m (13'9" x 11'11")

Window to side aspect

An open area leads on to a utility area and Cloak rooms

Kitchen area: Base units with sink and drainer

Shower room: Shower cubicle. Low level WC. Hand basin.

WC: Low level WC. Hand basin

Door to rear aspect and car park.

Stairs to first floor

Large open room

This area is open plan with two additional rooms partitioned off at the front of the property. 11 windows allow light and some views of the Solent. Exposed floor boards. The original 1832 ceiling rose is still in place.

Room 1: 3.70 x 3.65

Room 2: 3.70 x 3.65

Basement

A large area and ideal for exhibits and displays.

Additional information

Outside: Gates to either side of the property allow access to a parking area.

EPC: "D"

Business rates

Top floor area : 200 meter sq

Ground floor: 180 meter sq

Basement: 120 meter sq

Tenure: Freehold