Development Site For Sale , Shanklin , PO37 6PR

Residential (land) for sale

£600,000


A great opportunity to purchase a site with planning permission in a desirable residential location in Shanklin.

LOCATION
Situated in Highfield Road Shanklin, this development opportunity is within walking distance of the town centre and beaches.

The town of Shanklin offers many amenities including doctor’s surgeries, dentists, convenience shopping with multinationals and boutique stores alike and various eateries and leisure facilities.

Shanklin is within a short drive to Ventnor, approximately 5 miles, Lake, approximately 3 miles and Sandown, approximately 4 miles. There is Shanklin Train Station with the Island Line Train that connects through to Brading and Ryde Pier Head which offers transport links to Portsmouth as well as good bus connections.

The seafront offers amusements, pubs, restaurants and beautiful sandy beaches stretching to neighbouring towns Lake and Sandown.

DESCRIPTION
Offered for sale is a site measuring approximately 0.67 acres with planning permission for 10 dwellings as follows:



Plot 1 - 3 bed detached GIA approx. 91.79sq m (988sq ft)

Plot 2 - 3 bed semi-detached house GIA approx. 94.34sq m (1015sq ft)

Plot 3 - 3 bed semi-detached house GIA approx. 94.34sq m (1015sq ft)

Plot 4 - 3 bed semi-detached house GIA approx. 94.34sq m (1015sq ft)

Plot 5 - 3 bed semi-detached house GIA approx. 94.34sq m (1015sq ft)



Plot 6 - 2 bed semi-detached house GIA approx. 79.7sq m (858sq ft)



Plot 7 - 2 bed semi-detached house GIA approx. 90.34sq m (972sq ft)



Plot 8 - 3 bed detached house GIA approx. 91.79sq m (988sq ft)



Plot 9 - 2 bed semi-detached house GIA approx. 82.44sq m (887sq ft)



Plot 10 - 2 bed semi-detached house GIA approx. 75.0sq m (807sq ft)



Each property will have private gardens and allocated parking. The site will also offer visitor parking.

Ground Conditions

We are not aware of any ground investigations that have been carried out. The selected purchaser will fully satisfy themselves prior to entering into a purchase agreement.

Tenure

The site is held freehold with vacant possession upon completion.

SERVICES
We understand all mains services are available to the site including public sewer. Interested parties are to make their own enquiries and satisfy themselves before entering a purchase contract.
TERMS
Our client is asking guide price £600,000 for this freehold site. Written offers are requested by 6th March 2020.

A build out provision within a period of time will apply to this land. To be negotiated.

Offers are invited on an unconditional basis sought by way of private treaty. Written offers to be submitted to Hose Rhodes Dickson to include:

- Offer price

- Purchaser details

- Name and address of your solicitors together with the name of the person who will attend to this matter, telephone and email address.

- The offer is to include confirmation from your bank, building society or other financial institution as to funds in place.

- Your offer is to be submitted subject to contract only and any other conditions on which it is made are to be specified.

- Please submit a proposed timeline/completion date for the purchase with your offer.

- Our clients are keen to see the site developed. Any offers submitted will need to be proposed with a timeline for building the site out.

- Vendors reserve the right not to accept the highest, or any, offer made.

- Purchase contracts to be exchanged within 28 working days of receipt of draft contracts.

PLANNING
Planning permission was granted in July 2018 for demolition of building; proposed construction of 10 houses.

The plans and permission can be viewed at iwight.co.uk/planning by searching P/01393/17.

VIEWING
All viewings to be arranged and accompanied by HRD Commercial. Please contact 01983 527727 or email commercial@hrdiw.co.uk.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes

Director

Lisa Mercer

Manager

Rhys King

Surveyor

Janet Morter

Negotiator

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: commercial@hrdiw.co.uk