Alderney
£2,950,000 Offers In Excess Of
Property Details
The Arsenal presents a unique opportunity to acquire a large site in an outstanding location. This would suit a developer seeking to acquire an income producing site with development potential for residential or retirement living based on the recent preliminary declaration from planning. Or an investor seeking an income producing site with asset management and development potential.
Features
- A FREEHOLD INVESTMENT AND DEVELOPMENT OPPORTUNITY
- LOCATED IN ALDERNEY, THE 3RD LARGEST CHANNEL ISLAND
- A RARE OPPORTUNITY TO ACQUIRE AN ASSET HELD IN PRIVATE OWNERSHIP FOR 60 YEARS
- FREEHOLD
- CURRENTLY GENERATING A RENTAL INCOME OF £188,500 PER ANNUM
- A LARGE SITE INCLUDING ALBERT CHAMBERS, VICTORIA HOUSE, MOUNT HALE HOUSE
- GARAGES AND SQUASH COURT
- DEVELOPMENT POTENTIAL FOR UP TO 38 RESIDENTIAL UNITS
- OUTSTANDING LOCATION AT THE EST END OF BRAYE BEACH
- OVERLOOKED BY THE HISTORIC FORT ALBERT
Location
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