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    Key features

    • To be offered on Wednesday 23 July
    • Of interest to developers and investors
    • Freehold Former Care Home with Consented Development Potential
    • Comprises a substantial former 25 bed care home
    • Planning permission granted for conversion to 9 large apartments (most with sea views)
    • Proposed accommodation 1x 4 bedroom apartment, 3x 3 bedroom apartment, 3x 2 bedroom and 2x 1 bedroom flats
    • Attractive Isle of Wight location, walking distance to The Hut
    • Vacant

    Description

    The property comprises a substantial former care home, with planning permission for conversion into 9 large apartments, most with sea views. Proposed accommodation comprises 1x 4 bedroom apartment, 3x 3 bedroom apartment, 3x 2 bedroom and 2x 1 bedroom flats.

    Additional information

    Tenure

    Freehold.

    Tenancy

    Vacant.

    Planning

    Ref: 23/01539/FUL. Planning permission granted for alterations and change of use from care home to create 9 flats with parking, cycle storage, refuse provision and landscaping.

    Notes

    Please note that the seller has been made aware that there is a small encroachment onto the neighbouring land (see letter in legal pack), the seller has agreed to remove the shed in the garden prior to completion to resolve the issue.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located on Totland which is a village on the Isle of Wight, an island off the South coast of England.

      A variety of local amenities such as shopping centres, bars and restaurants can be found in Totland Village centre and Newport (approximately 12.4 miles).

      Recreational amenities of Alum Bay, Headon Warren and West Wight Sports and Community Centre are all easily accessible.

      The property is within walking distance to the well known Waterfront Restaurant and The Hut.

      Transport

      Situated approximately 3.5 miles from Yarmouth Ferry Terminal, which provides direct crossings to the mainland.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums