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Land for sale

High Street, Cowes

Guide Price £1,650,000

Property Description

Full description

We are pleased to offer for sale as a whole a site which has currently got planning permission for 2 waterfront semi-detached family homes over 3 storeys extending to 2,350 sq. ft. and 2,470 sq. ft. or thereabouts. Each has 4 bedrooms. They have been designed to make full use of the site incorporating large entertainment areas and balconies to master bedrooms overlooking the harbour entrance. Equally this structure could make a superb single residence with over 4,800 sq. ft. with the potential for 6 to 8 bedrooms, subject to amending the planning consent.

Included within the site is an area fronting onto the High Street which has planning permission for a 5 storey structure, providing residential and commercial space: At ground floor level a shop of approximately 720 sq. ft., 2 x first floor flats of 433 sq. ft., 2 x second floor flats of 500sq. ft. and 400 sq. ft., and to the third floor a 360 sq. ft. flat and a 2 storey penthouse of 731 sq. ft. incorporating a conservatory with marvellous panoramic views of The Solent.

The site obtained planning permission through an Appeal, Planning Reference APP/P2114/A/10/2136986, dated 28 February 2011.

The property is currently operated as a Public House with dining facilities.

Tenure: Vacant possession will be given on completion.

Services: Mains electricity, gas, water and drainage are available to the site.

The property is being sold as freehold with vacant possession.

Details of the planning permission are enclosed with copies of the plans. 

Directions: By Red Jet Hi-Speed Foot Passenger Service (Terminal 2, Southampton Town Quay, SO14 2AQ): Arriving at the West Cowes terminal of the Red Jet high speed passenger ferry walk onto the High Street and turn right and The Waterside is found on the right after just under 200m.

By Vehicle Ferry (Terminal 1, Dock Gate 7 off Town Quay Road, SO14 2AL): Arriving from Southampton into East Cowes by the Red Funnel car ferry take the floating bridge into West Cowes. From here follow Medina Road into Mill Hill Road and take the 5th turning on the right into Victoria Road. Follow Victoria Road to the end and turn right onto Park Road. Take the 3rd turn on the left into Union Road (just after the entrance to the Car Park). Proceed along Union Road straight into Market Hill and The Waterside is found straight in front of you at the bottom of the hill. If there is no on street parking in the vicinity follow the road around to the left and there is parking on The Parade just under 200m away. 

Postcode: PO31 7RE Viewings: All viewings will be strictly by prior arrangement with the sole selling agents.

Spence Willard for themselves and the vendor of this property whose agents they are give notice that:

i The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract.
ii All descriptions, references to condition, necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness and accuracy of each of them.
iii No person in the employment of Spence Willard has any authority to make or give any representation or warranty whatever in relation to this property.


Listing History

Added on Rightmove:
03 April 2012

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