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Lot: 160 - THREE-QUARTER ACRE FORMER COUNCIL DEPOT SITE WITH PLANNING FOR FIVE HOUSES - The site from Victoria Crescent endLot: 160 - THREE-QUARTER ACRE FORMER COUNCIL DEPOT SITE WITH PLANNING FOR FIVE HOUSES - Former council depot buildingsLot: 160 - THREE-QUARTER ACRE FORMER COUNCIL DEPOT SITE WITH PLANNING FOR FIVE HOUSES - Site from the Little Preston Rd EndLot: 160 - THREE-QUARTER ACRE FORMER COUNCIL DEPOT SITE WITH PLANNING FOR FIVE HOUSES - Former outbuildingLot: 160 - THREE-QUARTER ACRE FORMER COUNCIL DEPOT SITE WITH PLANNING FOR FIVE HOUSES - Site access from Victoria CrescentLot: 160 - THREE-QUARTER ACRE FORMER COUNCIL DEPOT SITE WITH PLANNING FOR FIVE HOUSES - Plan showing location
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Lot 160 Three-quarter Acre Former Council Depot Site With Planning For Five HousesAuction Date:
12th June 2024

Works Depot, Victoria Crescent, Ryde, Isle Of Wight, PO33 1DG

£225,000*+ FEES
Plan showing location
Category Land with Planning
Tenure Freehold

Situated in a residential area a short distance from the centre of Ryde, this former Council Works Depot occupies a plot of 0.31 hectares (0.76 acres).

The site enjoys a vehicular access from Victoria Crescent with a narrower access point at the southern end of the site onto Little Preston Road. The land is offered with the benefit of Planning Consent for the construction of five new dwellings, although prospective purchasers may wish to consider alternative schemes, subject to all necessary consents being obtainable.

Auctioneer's Note

The site is sold subject to the terms of an Overage Deed, dated 29th April 2016, for a term of 20 years in favour of the Isle of Wight Council, should more than one new dwelling be constructed. A copy of the Deed of Overage will be available to download from the Clive Emson website.

Auctioneer's Note 2

The electricity substation on site is excluded from the sale.

Planning

Planning Permission has been granted by Isle of Wight Council under ref: 22/01030/FUL, dated 6th November 2023, for demolition of existing depot buildings, construction of 5 no. new dwellings, subject to conditions.

A copy of the Planning Consent and accompanying documents may be downloaded from the Local Planning Authority website, iow.gov.uk. Tel: 01983 823552.

Freehold with Vacant Possession



Works Depot, Victoria Crescent, Ryde, Isle Of Wight


There is an addendum available to be read
in conjunction with the legal documentation.

Further Information

Rob Marchant/Joe Rocks
on 01489 564606

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