Property description
The site occupies an area of approximately 0.54 hectares (1.314 acres) and is situated on the seafront at the junction of Culver Parade and Fort Street. It currently comprises 34 holiday apartments, café, pub/restaurant, amusement arcade, nightclub and surface parking.
Sandown sits on the Southern coast of the Isle of Wight, sheltered in a beautiful bay, and is famed for its long stretches of golden sandy beach and the traditional British seafront and pier.
Sandown has excellent bus and train services and makes an excellent base for the Isle of Wight. Bus services can take you either northwards to Brading and Ryde, south to Shanklin and Ventnor, or across the Island to Godshill, Newport and Cowes, whilst the Island Line train services run to the neighbouring town of Shanklin or North to Ryde where they connect with passenger ferry services to Portsmouth.
The site has the benefit of an Outline Planning permission for 47 residential units, restaurant/bar, landscaping, bin stores and parking - Planning application number P/00085/14/TCP/31756.
The site is being sold by way of an informal tender with all offers to be submitted to this office in writing by midday Tuesday 28th June 2016. Please note that our clients are not bound to accept the highest or any offer. Any conditions must be clearly set out within the offer and offers should be for a fixed sum and not related to any other offer.
Disclaimer
These particulars are believed to be correct but their accuracy is not guaranteed and they do not constitute an offer or contract. At no time have we undertaken a structural survey and services have not been tested. Interested parties should satisfy themselves, as necessary, as to the structural integrity of the premises and conditions/working order of services, plant or equipment.
Services
Enquiries should be made to the appropriate authorities and prospective purchases are advised that they are entirely responsible for ensuring that their proposed needs are met.
Agents Note
All measurements are approximate only. The site area measurement has been taken from an ordnance survey extract and has not been checked on site by Goadsby. Therefore, any measurement cannot be guaranteed and prospective buyers should satisfy themselves prior to entering into any agreement.
VAT
Under the Finance Act 1989 we understand that the property will be subject to VAT. We recommend that prospective buyers satisfy themselves and establish the VAT implications prior to entering into any agreement.
ALL VIEWINGS AND NEGOTIATIONS STRICTLY THROUGH THE SOLE AGENTS OFFICE
Property Features :
- Mixed use development site
- Benefit of outline planning permission
- To be sold by way of Informal Tender
- Viewing day - Tues 24th May 11am-1pm