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COMMERCIALSOLD STC

Freshwater

Guide Price
£650,000
The Wright Estate Agency, Freshwater
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Available to Lease or Buy
  • Large Modern Retail Unit
  • Car parking with over 50 spaces
  • Central Prominent Location
  • Approximately 1 Acre
  • Vacant Possession
  • Development Site for housing with Planning Application Pending

Description

Situated in a highly visible prominent position in the village of Freshwater is The Southern co-operative Site. The Co-operative has relocated approximately 100 metres away to a new larger store with extensive parking and more facilities. Hence the availability of the existing site at the roundabout on the junction of Hooke Hill and Afton Road.

The vendors are applying to the Isle of Wight Council Planning Department for a residential development scheme on this site.

Alternatively the site has several possibilities for a business to lease or purchase the site and trade from the existing building. Or an investor might be interested in acquiring the site to let the building as a whole or in parts. For further information please call 01983 754455.

Development Opportunity

The vendors are applying to the Isle of Wight Council Planning Department for a residential development scheme on this site.

This will consist of the following mix of units:-

Block of 10 x 2 Bed Flats and 1 x 1 Bed Flat with 11 parking spaces and 2 visitor parking spaces.
3 x 2 Bed Houses with 5 parking spaces.
4 x 3 Bed Semi-det Houses with 8 parking spaces.
2 x 4 Bed Detached House with 6 parking spaces.

Making a total of 20 units.

This is subject to planning being obtained and the vendors are prepared to consider entering into a conditional contract subject to planning consent being given. Please see guide layout plan for the proposed development.

Existing Building

The existing Co-operative store is a modern single storey building of approximately 6954sqft retail area and approximately 3767sqft of storage area.

Investment Opportunity

This modern building could well represent a good sound investment let to a commercial tenant. The building could be let as a whole or sub-divided into smaller commercial units and let out, for example, as an indoor market type initiative. There is clearly ample parking for several businesses to run from this location and the secondary entrance for alternate use.

Car Park

The current car park is accessed from Afton Road and provides 47 individual parking spaces, 7 further disabled spaces and an unloading/dropping off zone. The entrance is a two way entrance in and has secure gates to close if required.

Loading Entrance

There is a separate entrance from Hooke Hill which provides access onto the site for large delivery lorries.

Services

Unconfirmed gas, electric, telephone, mains water and drainage.

Agent's Notes

Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you. None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you. Nothing in these particulars is intended to indicate that any electrical goods (whether wired in or not), light fitments, or any other fixtures not expressly included, are part of the property offered for sale.

New Store

This is an artist's impression of the new store which will be located on the corner of Afton Road on the old West Island Printers site.

Brochures

Property BrochureFull Details

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lymington Pier Station5.2 miles
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About the agent

The Wright Estate Agency, Freshwater

Tennyson Court, Avenue Road, Freshwater, PO40 9UU

The Wright Estate Agency, Freshwater
Island property sales specialists

Our successful Freshwater office is located on the one way system in the village itself, just opposite the upper car park. We have a pro-active and friendly team with a combined experience of 40 plus years; Nick, Chris and Bethani who are here to help sell your property and find the property most suited to you and answer any queries you may have along the way.

We deal with a range of properties from small flats and chalets to substantial execu

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 4673897. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The Wright Estate Agency, Freshwater. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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