FORMER FLAMINGO PARK. OAKHILL ROAD, SEAVIEW, IOW, Po34 5Ap
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1 FORMER FLAMINGO PARK OAKHILL ROAD, SEAVIEW, IOW, Po34 5Ap
2 FORMER FLAMINGO PARK Oakhill Road, Seaview, Iow, PO34 5AP Freehold Offers Invited Rare freehold opportunity available for the first time in approximately 57 years acres (6.47 hectares) with in excess of 34,000 sq ft of vacant building footprint A further 2 existing residential houses in good decorative order Spectacular coastal views Approximately 250m from the seafront Affluent high value area Development potential for residential houses following a positive pre application response
3 Executive Summary Seaview is one of the most affluent villages on the island and is renowned for its stunning views across the Solent, its provision of sandy beaches and as a centre for sailing. Approximately four miles to the south of the popular family resort of Ryde and four miles to the north of Bembridge, the Edwardian village is ideally positioned to access the rest of the island. This is a very rare estate that has been within the same family s ownership for approximately 57 years, combining two residential houses known as Lamorna and Glencoe, surrounding an extensive Former Flamingo Park which comprises of various outbuildings and grounds measuring approximately 16 acres. The Former Flamingo Park and its buildings are currently vacant, however provide strong real estate plays to demolish and redevelop the site into high-end luxury housing with panoramic sea views. Location Ryde 4 miles Newport 10 Miles East Cowes 11.5 miles Cowes 12.5 miles Yarmouth 20 miles A278 A278 A31 Titchfield Fareham A27 A27 A275 PORTSMOUTH Gosport A27 Cowes to Southampton passenger service 23 minutes Ryde to Southsea passenger service 10 minutes. Cowes East Cowes Fishbourne Ryde Seaview sits to the eastern end of the town of Ryde on the Isle of Wight, and is a unique village with extensive views across the sea and Solent. The village has become a mecca for second homeowners and as such residential values are strong. BOURNEMOUTH Yarmouth Freshwater Newport ISLE OF WIGHT Seaview Bembridge Sandown The Former Flamingo Park is located on to the west of the village centre with access off Oakhill Road on an elevated but enclosed position. Shanklin Niton Ventnor
4 The Property The Former Flamingo Park also formerly known as Seaview Wildlife Encounter comprises a generally regular shaped site measuring approximately acres (6.47 hectares). It is understood that the former park occupies the majority of the site with a total area of acres (5.9 hectares). The planning use for the former park is Sui Generis and comprises a c.200 space gravel car park, ticket office, gift shop, cafeteria, staff office, various animal enclosures including an extensive enclosed garden, two large lakes and extensive grounds. There are also two, currently occupied, residential properties on site, namely Lamorna and Glencoe which are also included in the overall demise. Lamorna comprises of an early 1960 s two storey building with light reconstituted stone external elevations under a pitched tiled roof. There has been a flat roof extension constructed more recently to provide extensive accommodation including a living room, dining room, garden room, study, kitchen/breakfast room, store, cloakroom, utility room, family bathroom and three double bedrooms. Externally Lamorna benefits from extensive gardens, a pond and a 55ft swimming pool. Glencoe was built in 1995 and comprises an attractive four storey building split into two separate living quarters. The main house arranged over upper ground, first and loft, comprises of entrance hall, lounge, kitchen/dining room, 3 bedrooms and bathroom. The loft room whilst not in use provides an additional bedroom. On the lower ground floor is an open plan garden flat with open plan kitchen/ lounge, bedroom, bathroom and storage room. Externally Glencoe benefits from a wrap-around terrace commanding stunning views. The remainder of this site comprises gravel parking and gardens. The constituent parts of the estate are therefore highlighted on the elevated image overleaf and outlined in the following table including their approximate measurements:- Name (Reference Key) Acres (Ha) Approximate Building Sq Ft (M) Former Flamingo Park (A) (5.92) 34,692 (3,223) Lamorna (B) 0.67 (0.27) 2,316 (215) Glencoe (C) 0.37 (0.15) 4,856 (451)
5 Glencoe Floorplan Lamorna Floorplan
6 Rating The property is Listed in the 2017 Rating List with a rateable value of 29,000. The National Multiplier in England for 2018/2019 is and therefore rates payable equate to approximately 14,297. The Council Tax Band for Lamorna is Band G and for Glencoe is Band E. The Glencoe Garden Flat is also Band E. The council tax charge for each individual residence therefore for 2018/19 tax year is as follows:- Lamorna 2, Glencoe 2, Garden Flat 2, Services The majority of the buildings on site are served by mains water, drains, gas and electricity. There is a mains sewer which dissects the middle of the site running from south to north. A plan showing this can be provided upon request. Planning The Former Flamingo Park currently holds a Sui Generis use consent. Glencoe Lodge and Lamorna currently hold C3 Residential consent. The site is not located within a conservation area nor are the residential properties listed. There is however a Grade II Listed property adjacent to the site on Oakhill Road, namely Oak Hill House. There is a small area at risk of flooding (Flood Risk 2) along the eastern boundary of the site associated with watercourses in this location. There are no other areas of flood risk across the site. There are Tree Preservation Order s (TPO s) across the site which are situated along the western boundary adjacent to the road and along the southern boundary adjacent to the neighbouring land. The site is located within the Solent Protection Area Buffer Zone, which is a designation to protect migratory birds. The Council have produced a Solent Recreation Mitigation Strategy Supplementary Planning Guidance (SPG) document which provides a developer contribution scale. The contribution range from 337 for a 1 bedroom dwelling to 880 for a 5+ bedroom dwelling. Policy SP1 of the Core Strategy sets out the spatial hierarchy of the Island and divides areas in to the following; Key Regeneration Areas, Smaller Regeneration Areas, Rural Service Centres and the Wider Rural Area. The site falls outside of a defined settlement boundary within the wider rural area and therefore in planning policy terms falls within the countryside. A pre-application was submitted in March 2018 for the development of nine detached residential dwellings in the south-west parcel of the site. A detailed response was provided in May 2018 which highlighted that the proposal would redevelop a redundant tourist attraction and therefore can be considered previously developed land or brownfield site. This is relevant because the Council have noted that the re-use of redundant/disused buildings is supported by the National Planning Policy Framework (NPPF), subject to satisfying the special criteria and a proposal leading to an enhancement of the surrounding area. The pre-application response concluded that the proposal would be acceptable subject to an assessment against other relevant policies of the Core Strategy. Policy SP1 of the Core Strategy seeks to prioritise the redevelopment of previously developed land where such land is available, suitable and viable. Policy SP2 of the Core Strategy confirms that 980 dwellings will be delivered at locations within the Rural Service Centres and Wider Rural Area over the period of 2011 to It is therefore considered that the principle of residential development has been established, although it must be noted that a pre-application does not provide any guarantees about the decision that will be made on an application. Since the pre-application advice has been issued a revised NPPF has been published. The NPPF now states that planning policies and decisions should give substantial weight to the value of using suitable brownfield land within settlements and promote and support the development of under-utilised land and buildings. The Council have produced an Affordable Housing Contributions Supplementary Planning Document, which provides information on the affordable housing requirement. The Council have not yet adopted the Community Infrastructure Levy (CIL) so currently development is not liable for CIL. Based on capacity and the positive pre-application advice, we believe the site offers potential for a residential development of up to 30 dwellings. A link to the Council s planning policy and constraints map is provided below; PublicProposalsMap/ More details regarding the above will be provided upon request.
7
8 Lotting Lotting boundaries are approximate and to be agreed on site. We have included adjacent an Ordnance Survey extract where we have shown, outlined in four parts (blue, yellow, green and purple), our understanding of the areas to be sold. Clearly these boundaries are subject to change / negotiation but the red line delineates the entire title (Title Number IW41321). Tenure and Price Freehold. Unconditional and conditional offers are invited for the whole site or for the individual lots as described and indicated above. Energy Performance Certificates Building EPC Rating Lamorna D56 Glencoe C69 Cafeteria & Gift Shop D89 EPC certificates will be provided to interested parties upon request. All other buildings are EPC exempt. Further Information Additional plans and information are available upon application. Colour Key Indicator Lot Total Approximate Acreage Blue Lot 1 Lamorna 0.67 acres Yellow Lot 2 Glencoe 0.37 acres Green Lot 3 Flamingo Park South 9.4 acres Purple Lot 4 Flamingo Park North 5.25 acres
9 Contact Savills Southampton 2 Charlotte Place, Southampton SO14 0TB Adam Bullas abullas@savills.com Poppy Hood phood@savills.com Important Notice Savills, 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. These particulars do not form part of any offer or 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 has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
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