Situated close to the centre of Sandown on the east coast of the Isle of Wight this substantial corner property is situated a short walk from the town centre, seafront and sandy beach beyond. The property has lain empty for a considerable number of years and is sadly in a dilapidated condition, having also suffered some fire damage. When last in use the property comprised four shop units, two fronting Fitzroy Street and two fronting Station Avenue, and a small commercial (taxi) office. Beyond, the residential units on the ground floor and then continued on the first and second floors were living accommodation including a number of self-contained flats.
It is considered that the building is now ideally suited to a solely residential use and conversion into a number of apartments, subject to all necessary consents being obtainable.
Alternatively, prospective purchasers may wish to consider re-development of the whole site with a new residential scheme, again subject to all necessary consents being obtainable.
Local Planning Authority
Isle of Wight Council. Tel: 01983 823552. Website: iwight.com.
Last arranged as four shops and a commercial office on the ground floor with additional storage and/or residential accommodation beyond. First and Second Floors comprise a range of rooms offering scope and potential for re-configuration into a number of flat units subject to the new owner’s requirements and all necessary consents being obtainable.
Small (overgrown) courtyard style garden to the rear.
All viewers view entirely at their own risk.
Remainder of a 955 year lease from 11th November 1904 at a ground rental of £32.05 shillings per annum.
Leasehold with Vacant Possession
The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.