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Long Lane, NewportCommercial property for sale

£350,000
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About this property

Development opportunity in a quiet location in Newport.

LOCATION
Situated off Long Lane, this property is located in a very quiet and rural area, but within a short drive to the town centre and with easy access to Wootton, East Cowes and Ryde.

Newport is the principal town of the Island and offers amenities including St Marys Hospital, various primary and secondary schools, doctor’s surgeries, churches, cinema and the Isle of Wight County Hall.

DESCRIPTION
Offered for sale is Standen Heath Farmhouse with planning permission for demolition of the current dilapidated dwelling and the erection of a four bedroom detached house.

The site, as identified in yellow on the attached plan, measures approximately 2.25 acres and is accessed via a private driveway which is also included in the freehold disposal, as identified in green on the attached plan. Plans provide for the following accommodation:
Ground Floor Entrance Hall Open Plan ‘L’ shaped Family Room (4m x 4.5m), Dining Room and Kitchen (8.4m x 4m) Living Room (4m x 4.4m) Boot Room/Utility (2.2m x 1.8m) Separate WC
First Floor Bedroom 1 with en suite (4m x 3.9m max) Bedroom 2 with en suite (4m x 3.9m max)Bedroom 3 (4m x 3.7m) Bedroom 4 (4m x 3.7m) Family Bathroom

Part of this site includes some outbuildings such as a garage and store. To the rear of the site is approximately 25 acres of woodland. Hatched blue and red on the attached plan.

The vendors of the site will retain a vehicular right of way to access this woodland in a location to be agreed. The vendors have advised they could be open to negotiations for this woodland subject to interested parties confirming their proposals for management of the woodland in keeping with ecological designations and constraints.

The woodland is subject to covenants and can be only used for tipping, agriculture or forestry. Part of the woodland, hatched blue, is subject to a Forestry Commission Grant requiring trees to be maintained in accordance with good forestry practice until 2032.

SERVICES
The site benefits from mains electric & water, drainage is to either a cesspit or septic tank.

TERMS
The property, as highlighted in yellow plus the access driveway coloured green on the attached plan, is available at a guide price of £350,000, freehold.

PLANNING
Planning permission was granted in December 2020 for demolition of the existing farmhouse, with a single replacement dwelling. Plans and permission can be viewed at iwight.com/planning by searching planning reference number 20/01595/FUL.

In the event that a purchaser, or subsequent owner of the land, obtains planning permission for more than a single dwelling within 20 years of the date of this transfer an overage will be payable to the Council equivalent to 100% of any uplift in value.

VIEWING
All viewings must be arranged strictly via HRD Commercial. Due to the poor condition of the buildings and current nature of the site unaccompanied viewings are not permitted.

Map

Brochure

Property Brochure

Long Lane, Newport

£350,000

Full PDF brochure containing all the details of the property in Long Lane, Newport - £350,000

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Branch

Commerical

The Estate Office, 138 High Street, Newport, Isle of Wight, PO30 1TY

01983 527727

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Opening hours

  • Monday07:30 - 17:30
  • Tuesday07:30 - 17:30
  • Wednesday07:30 - 17:30
  • Thursday07:30 - 17:30
  • Friday07:30 - 17:30

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