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
- Opportunity to re-develop the site to form one or two cafe/restaurants or possible other uses s.t.p. Previously benefitted from Planning Permission reference 20/00183/FUL (now expired)
- For Sale with offers invited in excess of £100,000 for the freehold interest of the site, subject to planning
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 24,000. Sandown has many leisure amenities to offer including the Wildheart Animal Sanctuary, Dinosaur Isle and Sandham Gardens Activity Park.
Description
Development opportunity which benefitted from full planning permission (which has since lapsed) under reference 20/00183/FUL. The permission was 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 balcony seating area which is approximately 63 m² (678 ft²). Unit 2, which is on the lower floor runs to a gross internal area of approximately 128 m² (1,377 ft²) including some back of house space. This is an opportunity for a developer to put their own stamp on this seafront regeneration project by submitting an updated application based on the footprint of the existing building.
Planning Permission
Please follow this link to the Isle of Wight Council Planning website, to see details of the now-lapsed planning permission: https://publicaccess.iow.gov.uk/online-applications/applicationDetails.do?activeTab=summary&keyVal=Q4YM5EIQJA400
Terms
For sale, with offers invited in excess of £100,000 for the Freehold development opportunity, conditional upon the selected developer obtaining a new planning consent, based upon similar lines to the lapsed consent.
Uniform Business Rate
Rateable Value: TBC
2024/2025: £0.546 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 301 434. E: gchambers@gullyhoward.com or mwilliams@gullyhoward.com
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