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Lot - Former Holiday Camp, Military Road, Atherfield, Isle of Wight, PO38 2JH Auction Lot £650,000+ - Auction Estates

Next Auction

10 December 2020

Military Road, Atherfield, PO38 2JH

Guide Price: £650,000+


Sold
Prior

Key Features

  • Freehold land on the infamous Jurassic Coastline
  • Total site area of circa 13.62 acres
  • Benefiting from full planning for 63 lodges, service buildings, swimming pool & clubhouse
Draft Details Only

Freehold parcel of land measuring circa 13.62 acres with picturesque views over the infamous Jurassic Coastline benefiting from full planning permission for the construction of 63 lodges, service buildings, clubhouse and swimming pool

• Freehold land on the infamous Jurassic Coastline
• 3.5 miles East of Brighstone Village
• Designated formal access of Military Road
• Designated boundary fencing
• Total site area of circa 13.62 acres
• Benefiting from full planning for:
• 63 lodges, service buildings, swimming pool & clubhouse
• Paved driveways throughout site
• Site benefits from water abstraction licence
• 2 x bored hole wells & submersible pumps
• Benefiting from power, mains water and private drainage
• Ideal opportunity for investors and developers
• Lodge plan for indicative purposes only
• Red line for illustration purposes only
• Not inspected by Auction Estates

VAT

Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.

Viewings

At anytime from Military Road

Important Notices

Fees

For each lot, a Buyers Fee of £1,200 +vat is payable to Auction Estates where the lot value exceeds £10,000, the Buyers Fee is £600 +vat.

The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold with vacant possession

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