Nicholson Street, Isle Of Wi...

** Offers and proposals will be considered on a subject to planning permission basis **
Development Opportunity – Land and Buildings at 1 Nicholson Street, Newport, Isle of Wight.
The Site: Measuring approx. 1.65 acres (0.67 ha) this irregular shaped site consists of the main detached grade II Listed residential building in excess of 3000 sqft, which is boarded up and in need of modernisation, in addition there are number of other single storey out buildings which are also in a dilapidated condition.
There is a large amount of foliage on the site that may include invasive plants, we have checked local authority records and there does not appear to be any tree preservation orders, however we advise interested parties to be satisfied by making their own enquires.
The site is accessed via Nicholson Street which is an adopted highway
Development Potential: The site is situated within Key Regeneration and Primary Settlement Boundary under the jurisdiction of Isle of Wight Council. There are private residential dwellings surrounding the site and is not in a conservation area or inside a flood zone. It is therefore considered that a residential development, for new build dwellings, perhaps creating a new access on to Horsebridge Hill (A3020) and the conversion or refurbishment of the Grade II building could be favourable, subject to planning permission.
Local authority Designation: The property falls within the administrative boundary of Isle of Wight Council https://www.iow.gov.uk/home
Locality: The site is nestled close to Parkhurst Forest with easy access from Horsebridge Hill that links Cowes & Newport, located approximately 1.8 miles to the North of Newport Town Centre, with Newport being the ‘capital’ town of the Isle of Wight.
Newport is a well-populated town on the Isle of Wight. It is located approximately 20 miles to the south of Portsmouth & Southampton on the south coast of mainland Britain, with local vehicle & passenger ferry ports within a 15 minute drive away that offer efficient transport links in to London & across the south.
Newport offers a range of primary & secondary schools, two colleges, St. Mary’s hospital and also the majority of the Island’s largest employers whilst Newport town is well stocked with supermarkets, restaurants, shops & recreational activities.
Agent footnote
1. The outbuildings may be of construction materials that contain asbestos.
2. There is a small cluster of Japanese Knotweed which treatment has taken place previously and mostly cleared.
Disclaimer: Countrywide, their clients and any joint agents give notice that:
1. They have no authority to make or give any representations or warranties in relation to the property/site.
These particulars do not form part of any of offer contract and must not be relied upon as statements or
representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for
guidance only and are not necessarily comprehensive. It should not be assumed that the property/site has
all necessary planning, building regulation or other consents and Countrywide have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.