Hose Rhodes Dickson - Isle of Wight Commercial Property Agents

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For Sale 180,000 - Avenue Road, Freshwater, Former Natwest Bank, Avenue Road, Freshwater, PO40 9UR

Property Description

Freshwater is located on the west coast of the Isle of Wight, 11 miles west of Newport, 12 miles south-west of Cowes and 25 miles south-west of Portsmouth. The ferry terminal linking the island with the mainland, between Yarmouth and Lymington, is 3 miles to the north. The town of Freshwater is a popular tourist destination, located close to the Needles, Tennyson Down, Alum Bay and Yarmouth Harbour. All are a short drive away via the A3054 and A3055 roads. Nearby occupiers include Sainsbury's Local, Lloyds Bank and The Vine Public House.

The current property in site is a former bank with planning permission for the demolition and construction of a ground floor shop, maisonette and two town houses.

Once built out the proposed accommodation will be as follows:

Shop - Approximately 34 sq m (365 sq ft) with staff area and WC.

Unit 1 - Maisonette with living room with open plan kitchen, bedroom and bathroom.

Unit 2 - Town House with open plan living room and kitchen, separate WC, 2 bedrooms and bathroom plus courtyard garden.

Unit 3 - Town House with open plan living room and kitchen, separate WC, 2 bedrooms and bathroom plus courtyard garden.

Planning permission was granted in September 2017 under reference number: TCP/01364/E, P/00749/1.

Our client is asking £180,000 for this freehold site.

Planning permission can be viewed at iwight.com by searching TCP/01364/E, P/00749/17.

All viewings to be arranged via HRD Commercial. Please contact 01983 527727.

Agents Notes

Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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