Property for sale

Chessell Pottery, Brook Road, Chessell, Yarmouth, Isle Of Wight PO41

An opportunity to acquire a rare combination of property comprising a four-bedroom cottage known as Old Stables, three-bedroom holiday cottage known as Little Stables, a pottery workshop/barn, a pair of large Atcost barns with consent for six two-bedroom holiday cottages and a car park (let under a commercial lease), all set in attractive grounds which includes a stream.

The site is located towards the western end of the Isle of Wight with the larger settlements of Calbourne and Freshwater approximately equidistant to the east and west respectively. The property has the major advantage of a significant ready-made income with the car park let to the adjacent pottery and tea room, while an adjoining barn/workshop is let to a local potter under the terms of a commercial lease.

The owner's accommodation extends to a most attractive four-bedroom barn-style home, while next door is a splendid three-bedroom holiday cottage which is at present vacant, with the cottages enjoying private gardens and car parking accessed via an electric gate, and an electric car charging point on site. In addition, a pretty stream runs through the end of the garden.

The large Atcost barns have Planning Consent for conversion to provide six, two-bedroom holiday cottages with car parking and offering additional scope for a splendid home and income setup, if required. Alternatively, the owner's cottage and newly constructed holiday cottages could all be let in addition to the significant income already generated.

To the rear of the Atcost barns is a small woodland copse which could be incorporated into gardens for the holiday cottages or left to provide screening for the site.

Site Measurements
The overall site area extends to 0.42 hectares (1.03 acres).

Owner's Cottage - Old Stables
Ground Floor
Entrance hall, living room/kitchen, second living room/study with spiral staircase to bedroom four. Shower room with W.C.
First Floor
Three bedrooms and bathroom with W.C.
Outside
Gardens and parking area to front. Enclosed courtyard garden to rear.
EPC Rating D
Council Tax Band D

Holiday Cottage - Little Stables
Ground Floor
Entrance hall, living room/kitchen, bedroom and cloakroom with W.C.
First Floor
Two bedrooms and bathroom with W.C.
Outside
Open plan gardens and garden to front. Enclosed courtyard garden to rear.
EPC Rating D
Council Tax Band C

Barns/Workshop
Tenancy
Operating as a commercial pottery, under the terms of a one-year lease, from 1st October 2023, at a current rental of £500 per calendar month.

Car Park
Situated on the northwestern side of the site.
Tenancy
Let under the terms of a five-year lease, from 13th April 2023, at a current rental of £6,600 per annum.

Atcost Barns
Planning
Planning Permission has been granted by the Isle of Wight Council, under application ref: P/00619/18, dated 4th March 2019 for demolition of steel barns; construction of two-storey block of six units of holiday accommodation with car parking (revised plans), (readvertised application), subject to conditions.

A copy of the Planning Consent and accompanying documents are available to download from the Local Planning Authority website. Tel:

Auctioneer's Note
We are advised by the Sellers that a meaningful start has been made in respect of the Planning Consent and that the Planning can be considered extant. Interested parties should rely on their enquiries in this respect.

Freehold with Part Vacant Possession
Residential EPC: D
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
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