Clarence Road, Wroxall

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Opportunity to purchase approximately 4.5 hectares (11 acres) of land in Wroxall.

Details

  • Price: £120,000
  • Bedrooms: 0
  • Tenure: freehold

Full Description

LOCATION
Situated on Clarence Road in Wroxall this parcel of lands lies to the South of the Village with views over the Rew Valley.

Wroxall is a village and Civil Parish to the south of the Island and offers a church, a convenience store and public house. The town of Ventnor is within a 5 minute drive with its town centre and beaches.

DESCRIPTION
Offered for sale is a parcel of land measuring approximately 4.5 hectares (11 acres) with views over Rew Valley and across to Stenbury Down.
The site which abuts the settlement boundary for the village also lies with an Area of Outstanding Natural Beauty (AONB) with the most north western corner also being a Site of Importance for Nature Conservation (SINC).
The Isle of Wight Council have previously identified this site under the Strategic Housing Land Availability Assessment (SHLAA) but we have been advised that a new Island Planning Strategy will be out for public consultation in Spring 2020 whereby the land may or may not be included.

TERMS
Our client is asking for Offers in the Region of £120,000, due to the nature of the site and the potential identification as part of the SHLAA the site will be subject to an overage whereby if planning permission is sought and granted on the site the current owners will benefit from 30% of the uplift in value.

VIEWING
All viewings to be undertaken via HRD Commercial. Please contact 01983 527727.

Estate Agent Details

Commercial Office
138 High Street
Newport

Phone: 01983 527727
Fax:
Email: commercial@hrdiw.co.uk