Land For Sale £695,000
DESCRIPTION A mixed-use site producing an attractive rental income, (with the benefit of a positive pre-application for demolition of the farm buildings, replacement up to 2 residential dwellings), several agricultural and commercial buildings extending to 7500 sq. ft, commercial yardage extending to 21,400 sq. ft, successful camp site, a block of grassland and woodland, all enjoying coastal views over The Channel, extending to 4.50 acres.
- A range of agricultural and commercial buildings extending to 7500 sq.ft producing a good rental income
- Large commercial yardage extending to 21,400sqft producing a good rental income
- Camp site for up to 5 caravans and 10 tents
- Glorious sea views
- Separate block of grassland and woodland area extending to about 3 acres
- Positive Pre-app for demolition of buildings; proposed x2 residential units.
- Lot 2 to extends to 4.50 acres
SITUATION New Bank End is situated in an elevated and south-facing position accessed directly off Undercliff Drive, St Lawrence. This coastal location still has the convenience of being within easy reach of mainland ferry connections. The county town of Newport is 9 miles (18 minutes) away by car. The coastal resort of Ventnor with shops, restaurants, and beach is only a 10 minute walk or 4 minutes by car.
GENERAL REMARKS AND STIPULATIONS
METHOD OF SALE The property is offered for sale by private treaty.
RIGHTS OF WAY There are no public or private rights of way across the property.
ACCESS New Bank End is accessed from Undercliff Drive with a vehicular right of access across a private road (hatched orange on the sale plan) – this leads to the property.
Lot 2 – The access to Lot 2 would be directly from the public highway, Undercliff Drive, over the concrete drive (hatched orange on the sale plan) benefitting from a right for all purposes over this area.
SERVICES Lot 2 – Some of the farm buildings are connected to mains water and electric.
TENURE AND POSSESSION Vacant possession will be given upon completion of the sale. Freehold.
COVERNANTS/OVERAGE Lot 2 – The area within Lot 2 will be subject to a restrictive covenant restricting the number of dwellings to no more than 3 residential dwellings at any one time.
TENANCIES There are some tenancies relating to the property (Lot 2 only). Further information can be made available from the sole selling agents.
LOCAL AUTHORITY Isle of Wight Council.
POSTCODE PO38 1UW
PLANS, AREAS AND SCHEDULES These are based on the Ordnance Survey and are for reference only. They have been checked and computed by BCM and the Purchaser(s) shall be deemed to have satisfied themselves as to the description of the property. Any error or miss-statement shall not annul a sale or entitle any party to compensation in respect thereof.
FIXTURES AND FITTINGS BCM will supply a list of requests, identifying clearly which items are included within the sale, which are excluded, and which may be available by separate negotiation. This list is the sole arbiter of this regardless of whether items are referred to or photographed within these particulars.
SELLING AGENT BCM, Red Barn, Cheeks Farm, Merstone Lane, Merstone, Isle of Wight PO30 3DE
VIEWINGS Viewings strictly by appointment with BCM. NB. These particulars dated August 2023 and photos taken December 2020 and June 2023.
COUNCIL TAX + EPC N/A
BUSINESS RATES Buildings - TBC
WHAT3WORDS /// regular.brighter.relief
- A range of agricultural and commercial buildings extending to 7500 sq.ft producing a good rental income
- Large commercial yardage extending to 21,400sqft producing a good rental income
- Camp site for up to 5 caravans and 10 tents
- Glorious sea views
- Separate block of grassland and woodland area extending to about 3 acres
- Positive Pre-app for demolition of buildings; proposed x2 residential units.
- Lot 2 to extends to 4.50 acres
SITUATION New Bank End is situated in an elevated and south-facing position accessed directly off Undercliff Drive, St Lawrence. This coastal location still has the convenience of being within easy reach of mainland ferry connections. The county town of Newport is 9 miles (18 minutes) away by car. The coastal resort of Ventnor with shops, restaurants, and beach is only a 10 minute walk or 4 minutes by car.
GENERAL REMARKS AND STIPULATIONS
METHOD OF SALE The property is offered for sale by private treaty.
RIGHTS OF WAY There are no public or private rights of way across the property.
ACCESS New Bank End is accessed from Undercliff Drive with a vehicular right of access across a private road (hatched orange on the sale plan) – this leads to the property.
Lot 2 – The access to Lot 2 would be directly from the public highway, Undercliff Drive, over the concrete drive (hatched orange on the sale plan) benefitting from a right for all purposes over this area.
SERVICES Lot 2 – Some of the farm buildings are connected to mains water and electric.
TENURE AND POSSESSION Vacant possession will be given upon completion of the sale. Freehold.
COVERNANTS/OVERAGE Lot 2 – The area within Lot 2 will be subject to a restrictive covenant restricting the number of dwellings to no more than 3 residential dwellings at any one time.
TENANCIES There are some tenancies relating to the property (Lot 2 only). Further information can be made available from the sole selling agents.
LOCAL AUTHORITY Isle of Wight Council.
POSTCODE PO38 1UW
PLANS, AREAS AND SCHEDULES These are based on the Ordnance Survey and are for reference only. They have been checked and computed by BCM and the Purchaser(s) shall be deemed to have satisfied themselves as to the description of the property. Any error or miss-statement shall not annul a sale or entitle any party to compensation in respect thereof.
FIXTURES AND FITTINGS BCM will supply a list of requests, identifying clearly which items are included within the sale, which are excluded, and which may be available by separate negotiation. This list is the sole arbiter of this regardless of whether items are referred to or photographed within these particulars.
SELLING AGENT BCM, Red Barn, Cheeks Farm, Merstone Lane, Merstone, Isle of Wight PO30 3DE
VIEWINGS Viewings strictly by appointment with BCM. NB. These particulars dated August 2023 and photos taken December 2020 and June 2023.
COUNCIL TAX + EPC N/A
BUSINESS RATES Buildings - TBC
WHAT3WORDS /// regular.brighter.relief
