$2,799,871

Listing currency: £2,200,000

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Springvale Road Seaview, United Kingdom

DEVELOPMENT OPPORTUNITY: Former Hotel with Consent for alteration and extension to provide 12 apartments. Stunning seafront location overlooking Spithead and the Solent with panoramic sea views of the sailing and shipping activities on the water.Development OpportunityConsent for 12 ApartmentsCoastal Beach Front LocationPanoramic Sea ViewsClose to Ryde SchoolPeriod BuildingLevel walk to yacht clubClose to Sailing and WatersportsDEVELOPMENT OPPORTUNITY: Former Hotel with Consent for alteration and extension to provide 12 apartments. Stunning seafront location overlooking Spithead and the Solent with panoramic sea views of the sailing and shipping activities on the water. Consent Reference: TCP/05294/X, P/00700/16 dated 1st November 2016. This is believed to be the first time that this landmark building has been fully in one ownership.The hotel closed some years ago (c. 2010) and now sold with Vacant Possession. Constructed of colour-washed stuccoed elevations in an ’Italianate’ decorative style, the current building extends over five storeys including a Lower Ground Floor. Nearly symmetrical, the front elevation has 4 bays. Those at each side have three storey rectangular bays to the seaward side and ’turrets’ on the top floors whilst the central two have bow-fronted bays and dormer windows.Before becoming a hotel, the property is believed to have been a pair of semi-detached private residences originally built in the mid to late 19th Century. The current Planning Consent (TCP TCP/05294/X, P/00700/16) provides for the extension and conversion of the building to provide the following accommodation:The gross internal floor area for the apartments is as follows:Flat 1 146.4 sq m 1,575 sq ftFlat 2 109.3 sq m 1,176 sq ftFlat 3 109.3 sq m 1,176 sq ftFlat 4 85.7 sq m 922 sq ftFlat 5 59.5 sq m 640 sq ftFlat 6 60.8 sq m 654 sq ftFlat 7 60.8 sq m 654 sq ftFlat 8 51.4 sq m 553 sq ftFlat 9 115.5 sq m 1,243 sq ftFlat 10 108.3 sq m 1,165 sq ftFlat 11 91.5 sq m 985 sq ftFlat 12 87.5 sq m 942 sq ftTotal 1,086 sq m, 11,685 sq ftLower Ground Floor & Upper Ground FloorNote: The 1/2 bedroom apartments are shown on the plans as 1 bedroom apartments with a Kitchen/Diner. We are informed that a second bedroom could potentially be created in the ’Diner’ area subject to amendment consent.Flat 1 (3 bedroom duplex) (146.4 sq m or 1575 sq ft) - Sitting Room (with seafront balcony), Kitchen Diner (with rear balcony), Cloakroom, Master Bedroom with Bath/Shower Room en-suite, Bedrooms 2 & 3 both with Shower Rooms en-suite (rear terrace). Seafront terrace. Flat 2 (1/2 bedroom duplex) (109.3 sq m or 1176 sq ft) -   Sitting Room (with bay window and seafront balcony), Kitchen Diner (with rear balcony) Cloakroom, Utility, Master Bedroom with Bath/Shower Room en-suite and Boxroom. Seafront terrace.Flat 3 (1/2 bedroom duplex) (109.3 sq m or 1176 sq ft) -   Sitting Room (with bay window and seafront balcony), Kitchen Diner (with rear balcony) Cloakroom, Utility, Master Bedroom with Bath/Shower Room en-suite and Boxroom. Seafront terrace.Flat 4 (2 bedroom duplex) (85.7 sq m or 922 sq ft) -   Open plan Sitting Room, Kitchen and Diner (with seafront balcony), Shower Room, Bedroom (with rear balcony), Master Bedroom with Bath/Shower Room en-suite and Boxroom. Seafront terrace.First Floor Flat 5 (1/2 bedroom apartment) (59.5 sq m or 640 sq ft) - Open plan Sitting Room (with seafront balcony), Kitchen and Diner, Bedroom with Shower Room en-suite.First Floor & Second FloorFlat 6 (2 bedroom duplex) (60.8 sq m or 654 sq ft) -   Sitting Room (with bay window and seafront balcony), Clo

Amenities

  • Property Type: Single Family

Area Detailed Information

Property brokered by

Strutt & Parker

+44 207 6297 282



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