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For Sale by Auction on 27th February 2025, Freehold Site with Sea Views, Land at Egypt Point, Prince’s Esplanade, Cowes, PO31 8BT

22,945 Sq Ft / Land / Vacant Site

For Sale - £75,000.00

Available - Last updated: 13 January 2025

For Sale by Auction on 27th February 2025

The irregular shaped site totals about 2.294 hectares (5.67 acres) or 2,132 sq m (22,945 sq ft). The site, referred to as "Egypt Point" may suit a number of possible alternative uses, subject to necessary consents. The site was formerly used by SGN and has access via Prince's Esplanade to a small car park. The site is very over grown with many trees - the sloping site is affected by TPO . There will be an oevrage provision applicable if future planning is granted - refer to the legal pack.

Location

Gurnard is a village on the Isle of Wight, two miles to the west of Cowes. Gurnard sits on the edge of Gurnard Bay, and has excellent views out across the Solent towards Southampton. There is a long esplanade that connects Gurnard to Cowes called Prince's Esplanade. Gurnard is about a 15-minute walk along the Seafront promenade to Cowes High St, that is a vibrant hub with diverse shops, cafes, and pubs as well as a Marks & Spencer food hall. Transport is provided by Southern Vectis route 32 to and from Cowes, and route 1 to Cowes and Newport, Isle of Wight.

The site is located on Prince's Esplanade next to the prestigeous residential development Solent Shores.

Accommodation

Size - 2.294 hectares (5.67 acres) or 2,132 sq m (22,945 sq ft)

Terms

Tenure - Freehold

Guide Price* - £75,000

Bidder Security £3,500 *fully refundable if unsuccessful bidder

Specification

  • On the instructions of SGN
  • Freehold site
  • Possible development, subject to planning and any other consents
  • Fantastic sea views over The Solent
  • About 2.294 hectares (5.67 acres) or 2,132 sq m (22,945 sq ft)
  • Vacant possession
  • PLEASE NOTE THAT THIS SITE CANNOT BE PURCHASED PRIOR TO AUCTION

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £75,000.00 NA

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Agency Team

BidX1 Commercial

020 3151 9502

Mat Harris

BidX1 Commercial

020 3151 9489

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