Property description

LOCATION
Shorwell Youth Centre is located on Fine Lane within a predominantly residential area. With The Crown Inn and St Peters Church within walking distance the property also benefits from being only 15 minutes from Newport and 10 minutes from Brighstone village.

DESCRIPTION
Planning permission was granted in May 2012 for conversion of the property into 2 residential dwellings, one offering 2 bedrooms and one offering 3 bedrooms, both with parking spaces and gardens. The application was made under TCP/30888, P/00146/12 and can be viewed online at www.iwight.com/planning.

The property currently benefits from mains electricity, water and drainage. Heating is provided via the oil fired boiler.

TERMS
Our client is seeking offers in the region of £199,950 for the freehold interest.

COSTS
Each party will be responsible for its own legal costs incurred in any transaction.

RATING
We understand the rating position to be:
From April 2011, provisionally: RV £2,750 @ UBR 0.433p £1190.75

Please Note: the vendors of the property have stipulated that a 20% overage clause will be included in any contract sale.

Property Features :

• Former Youth Centre
• Planning Permission
• Good Size Plot