Key features
- Prominent Site opposite the entrance to Sandown Pier
- Both units run to a total of 387 m² (4,175 ft² ) including some outdoor space for the first floor unit. There is also opportunity to develop the new proposed toilet blocks adjacent to the main site
- Rare opportunity to re-develop the site to form one or two cafe/restaurants or possible other uses s.t.p.
- For Sale with offers invited "in the region of" £100,000 for the freehold interest of the site
Location
Prominent Site in Sandown opposite the entrance to Sandown Pier and its various attractions and adjacent to the newly built Premier Inn. The Pier dominates this area of the Esplanade and its famed and extensive sandy beaches which are highly popular all year round and a huge draw to visitors during the ever increasing tourist season. It is also supported by many specialist retailers and other cafe providers, making it a highly popular destination in the town. Sandown is beginning to see a revival during recent times, provided by the extensive redevelopment of the Esplanade end of the town with substantial, smart new residential and commercial units being built. The Bandstand Cafe has proven that Sandown can support a smart destination venue very well after its re-development a few years ago. Sandown forms part of the Sandown-Shanklin-Lake conurbation which wraps around Sandown Bay with the sandy beaches and leisure offer of the area ensuring high numbers of visitors and tourists, boosting the local population of around 19,500. Sandown has many leisure amenities to offer including the Isle of Wight Zoo, Dinosaur Isle and Sandham Gardens Activity Park.
DESCRIPTION
Development opportunity benefitting from full planning permission under PP/07858841 or consent reference 20/00183/FUL. The permission is for two Cafe/Restaurant premises which could be amalgamated to form one premises if required. Unit 1, which is predominantly on the upper floor with some secondary back of house space on the ground floor, runs to a total of 259 m² (2,787 ft²) including the outdoor seating area which is approximately 63 m² (678 ft²). Unit 2, which is on the lower floor and also benefitting from some outdoor seating to the front of it, runs to a gross internal area of approximately 128 m² (1,377 ft²) including some back of house space. Adjacent to the site, there is a proposed new toilet block which runs to approximately 29.6 m² (318 ft²). Please see floor plans and follow the link to the Isle of Wight Council's planning on line site for full details
Terms
For Sale with offers invited for the freehold development opportunity of the site with the benefit of full planning permission. (Offers in the region of £100,000 are invited). Anyone enquiring about the property will be asked to offer on the site for the cafe/restaurants ONLY and also to offer on the cafe/restaurants and the development of the toilet block. The toilet block may be run by the developer or by the Local Authority. Link to the planning website is:- https://publicaccess.iow.gov.uk/online-applications/applicationDetails.do?activeTab=summary&keyVal=Q4YM5EIQJA400
It is also worth noting that a new Use Class, Class E, has now been created which emcompasses the previous Use Classes A1, A2, A3 and B1 offering more flexibility and possibilities for the site, subject to any relevant consent.
Uniform Business Rate
Rateable Value: TBC
2023/2024: £0.512p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000
Viewing
Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on 01983 301434. E: gchambers@gullyhoward.com or mwilliams@gullyhoward.com
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