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Land for sale
Hampstead Lane, Yalding, ME18
£875,000
Hampstead Lane, Yalding, ME18
£875,000
Our Summary
- Commercial Development Land, KentTeapot Island, YaldingOffer Over £950,000 OpportunityThis is a fantastic, unique opportunity to create a very special hospitality offering, be it a wedding venue, pub, restaurant, collection of holiday homes or one function venue The location is second to none, surrounded by affluent villages, a year-round tourist destination on the River MedwayThe property could also be converted into a very large grand house or up to five separate dwellings, subject to a successful change of use application, with a GDV over £2mThe substantial plot offers the opportunity, STPP, to build a separate house or holiday lodges in the garden – further adding to the GDV Location‘Teapot Island’ is on the fringe of Yalding, one of the most affluent and desirable villages in the areaOne of the most sought-after villages in the area, properties regularly achieve £5,000 per square metreTeapot Island is a sits just outside Yalding where the River Teise joins the picturesque River Medway at Twyford Bridge DevelopmentAs a hospitality business, the unique location could be used for function, events, and or accommodationTrading hours could easily be extendedWith sufficient parking and access, without compromising privacy, the existing property could be converted into multiple dwellings and additional property could be built in the garden, all subject to a successful planning application Internal DetailsThe huge property is currently being used for hospitality, retail and private accommodationConverting the retail space into further dinning areas
Description
This unique property, known as Teapot Island, is a rare opportunity to develop a hospitality business or residential property in a highly sought-after location. Situated on the River Medway, surrounded by affluent villages, the property offers stunning riverside views and a large plot of 0.4 acres. The existing property, which is currently used for hospitality, retail, and private accommodation, has huge potential for expansion, including converting the retail space into additional dining areas and building separate houses or holiday lodges in the garden. The location is ideal for a wedding venue, pub, restaurant, or collection of holiday homes, and with a change of use application, the property could be converted into a grand house or up to five separate dwellings, with a potential gross development value of over £2 million. The property also benefits from a large car park, children's play area, and stunning beer garden with riverside views, making it an attractive proposition for potential buyers.