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Carter Street, SandownCommercial property for sale

£600,000
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About this property

A fantastic opportunity to purchase a building plot with planning permission for 9 apartments.

LOCATION
Situated in Carter Street, Sandown this development opportunity is in a prime residential location within a short walking distance of the town centre and esplanade and beautiful sandy beaches.

The town of Sandown is a popular seaside resort which is famed for its long stretches of golden sandy beach and the traditional British seafront and pier. Sandown also has a great selection of attractions, including a Zoo housed in an old fort and a purpose built interactive Dinosaur Museum. It also offers other amenities such as dental surgeries, health centres, boutique stores and leisure facilities.

Sandown is within a short drive to other popular towns of the Island, with Shanklin being approximately 4 miles, Ryde approximately 7 miles and Newport approximately 9 miles away.

Sandown Train Station is also within a short walk with the Island Line Train that connects through to Brading and Ryde Pier Head which offers transport links to Portsmouth.

DESCRIPTION
Offered for sale is a cleared plot with the benefit of planning permission for demolition of existing building and the construction of 9 apartments with parking to include alterations to existing vehicular access and formation of new vehicular access. The planning permission was granted under P/00339/19 in October 2019 and the demolition of the property formerly on site has been undertaken.

Once built out the property will offer:

Ground Floor:
Each apartment to the ground floor will have private separate access.
4 x 2 bedroom apartments consisting of
Open plan kitchen / living area
Bathroom
En-suite

First Floor
3 x 2 bedroom apartments consisting of
Open plan kitchen / living area
Bathroom
En-suite

One apartment benefits from a sizeable roof terrace accessed by bi-folding doors.

Second Floor
2 x 2 bedroom apartments consisting of
Open plan kitchen / living area
Study/bedroom 3
Bathroom
En-suite

Both second floor apartments will benefit from having private roof terraces.

SERVICES
There is mains electric, gas, water and drainage in the vicinity. Enquiries for connections to services should be made to the relevant authorities and service providers.

TERMS
Our client is asking for Offers in Excess of £600,000 for this freehold opportunity.

PARKING NOTES
Each apartment will benefit from an allocated parking space. The block will also benefit from 1 x visitor space.

PLANNING
Planning permission was granted in October 2019, reference number P/00339/19.

The vendor has advised that planning conditions will be approved by the IW Planning Department making this a potential turnkey development site.

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

Map

Brochure

Property Brochure

Carter Street, Sandown

£600,000

Full PDF brochure containing all the details of the property in Carter Street, Sandown - £600,000

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Branch

Commerical

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

01983 527727

[javascript protected email address]

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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