PO32 Folly Reach, Folly Lane, East Cowes

35 Acre Mixed used development site

2.7 Miles south of Cowes

99 New contemporary homes

4 Star hotel

14 Business units

A prominent mixed-use regeneration opportunity on the banks of the River Medina with planning consent for 99 new dwellings and a four star hotel overlooking the River Medina.

35 acre (14.05 ha) mixed use development site is positioned approximately 2.7 miles south of East Cowes and benefits from panoramic views across the Medina Valley.

The site benefits from planning permission for 99 new homes alongside a 4 star hotel which will further regenerate the local area and encourage additional tourism trade.

For sale with the benefit of vacant possession.

The masterplan was designed by by LK2 architects which engages with the sitetets topography and includes a ferry service to enhance connectivity with Cowes town centre.

Unconditional offers are invited for the site. The vendors may consider conditional proposals as well as offers to acquire the residential or commercial elements in isolation.

Offers are invited for the property as a whole or in separate lots.

Location

The site is located on the Isle of Wight on the eastern bank of the River Medina approximately 2.7 miles to the south of East Cowes. The local area is popular with residents and tourists who are attracted to the expansive green fields, marine sports and tourist attractions such as Osbourn House.

The sitetets accessibility is enhanced by connections from both land and sea, boosting its overall connectivity.