Plot with permission for two 2-bed cottages

LOCATION

Located in St Catherine Street, Ventnor, being a very popular and picturesque street with properties in high demand not only for local use, but also for holiday homes. The street also benefits from being only a short walk from the town centre, with minimal hills involved – a rare thing for Ventnor! Ventnor benefits from being on the south facing slope of St Boniface Down and is almost totally sheltered from the north. The town has seen considerable recent investment, in particular with a Tesco Express opening in the High Street and the creation of a small harbour on the picturesque Esplanade. The immediate population of around 6,000 residents is substantially boosted by the many visitors and locals alike wishing to enjoy the arts and fine dining culture which the town has become renowned for.

DESCRIPTION

Planning permission (reference 24/00497/FUL) has been granted to build two 2-bedroom, 2-storey semi-detached cottages, with 53 St Catherine Street running to 67.4m² GIA (Gross Internal Area), and 55 St Catherine Street running to 61.4m² GIA thus giving a total of 128.8m² for the pair. The properties will benefit from paved gardens to the front, with gardens to the rear which will have some sea glimpses once cleared. Please see plans for further information via this link to the Isle of Wight Council planning website.

TERMS

Offers are invited in the region of £135,000 for the freehold interest of the plot.

VIEWING

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Dot Lucy on 01983 301 434. 

E: gchambers@gullyhoward.com or dlucy@gullyhoward.com