LOCATION
Totland is a popular coastal village situated on the western side of the Isle of Wight, close to some of the Island’s most spectacular scenery.
Totland Bay, which is just a short walk away from the premises is renowned for its attractive sandy beach, while the nearby coastal paths provide wonderful opportunities for walking and enjoying panoramic views across the Solent and surrounding coastline.
The neighbouring village of Freshwater provides a useful range of everyday amenities, including shops, cafés, restaurants, schools and local services. The historic village of Yarmouth, with its picturesque harbour and ferry connection to Lymington, is also within easy reach.
DESCRIPTION
Originally constructed circa 1952 for use by HM Coastguard, this detached property retains an interesting maritime character and presents an increasingly rare opportunity to acquire a building with a genuine connection to the Island’s coastal heritage.
The accommodation currently comprises a main open plan garage/office/store accessed via the main chain operated roller shutter door to the front, or standard door to the side. This space offers circa 5.25m x 3.72m, as well as a kitchen/store measuring circa 4.35m x 3.63m max and separate WC facilities.
Overall the premises measures approximately 536 sq ft (49.7 sq m).
The current owner has begun upgrading throughout, including a new fuse box and new lighting.
The property would lend itself to a variety of approaches, from creating a superb private coastal residence to exploring potential for a holiday retreat, lifestyle use or other suitable opportunities, subject to gaining relevant permissions.
There is a courtyard style garden to the rear of the property with direct sea views down to Totland Bay.
Parking is available to front of the property for a maximum 4 vehicles. Access is via Lanes End Road.
SERVICES
The property benefits from mains electricity water and drainage. Gas is available but has been capped.
TERMS
Our client is asking Guide Price £185,000 for this freehold opportunity.
OUTGOINGS
The VOA shows a rateable value of £2,100. Estimated rates payable would be circa £900 without any applicable relief. Please direct all enquiries to the Valuation Office Agency.
PLANNING
The current owner has submitted plans to convert the premises into an art gallery showcasing paintings and sculptures by local, national, and international artists.
A formal decision from the IW Councill is expected around 25th September. Full plans can be viewed under planning reference 26/00994/FUL
Purchasers are advised to make their own enquiries with the relevant planning authority regarding any proposed alterations.
VIEWING
All viewings to be arranged via HRD Commercial.
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