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Anstey Ln

69,544 SF Speciality Building Offered at £5,500,000 in Alton GU34 2NG

Investment Highlights

  • Opportunity to acquire a former school and associated land (Use Class F1) with scope for redevelopment
  • Approximately 6,461 sq m (69,544 sq ft) GIA of existing accommodation
  • Freehold with vacant possession
  • Extensive and attractive grounds comprising of sports facilities, grassland and mature woodland
  • Site extending to approximately 14.31 acres and 5.79 hectares
  • Good local transport connections, including Alton Railway Station

Executive Summary

We are inviting offers on behalf of the vendor for the freehold interest by way of informal tender. The Vendor has a strong preference for an unconditional sale but all offers will be considered. Further details on the sale process will be issued in due course.
The property was granted planning permission in June 2023 under ref 21560/023 for the development of a new outdoor sports pitch, new convent accommodation, part change of use of the main residence to F1 use and the erection of 20 dwellings with associated external works including access, parking, hard and soft landscaping. The proposed accommodation comprises six four-bedroom units, 12 three-bedroom units and two two-bedroom units. Prospective purchasers should make their own enquiries of the local authority. East Hampshire District Council can be contacted on 01730 266551 or https://www.easthants.gov. uk/planning-services
The property is located in the town of Alton, an attractive market town and the largest settlement in East Hampshire. The property is situated off the west side of Anstey Lane between Jenner Way and Geale’s Crescent approximately 0.8 mile north of Alton town centre. The surrounding areas of the property are predominantly residential in nature and are characterised largely by two-storey semi-detached houses. To the north-west of the school the build type is more varied and other adjacent land uses include a health club and the playing fields of Alton Football and Rugby Clubs to the south. To the north, beyond the School’s playing fields, there is arable farmland. Guildford and Basingstoke are located 17 miles to the north east and 9 miles to the north west respectively with Alton Railway Station approximately 800m to the south, at the northern edge of the High Street which provides access to South Western rail services to London Waterloo, Guildford and Clapham Junction

Attachments

Brochure

Property Facts Sale Pending

Price £5,500,000
Price Per SF £79
Sale Type Investment
Sale Conditions Development Sale
Tenure Freehold
Property Type Speciality
Property Subtype Schools
Lot Size 14.31 AC
Building Size 69,544 SF
Number of Floors 1
Year Built 1900
  • Listing ID: 32654514

  • Date on Market: 01/08/2024

  • Last Updated:

  • Address: Anstey Ln, Alton GU34 2NG

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