An unusual and exciting development opportunity is being offered by Savills as it brings to the market Milford Hill House, Salisbury for the first time in 52 years. This Grade II Listed building is set in approximately three acres, yet is situated less just a 1/4 mile from the centre of the City. Milford Hill House is being offered for sale freehold either as a whole or in lots. The site, within a residential area and near Godolphin School, is currently owned by YHA (the Youth Hostels Association). With the main building believed to date back to around 1830, since its conversion to a hostel it accommodates a maximum of 70 guests and is approximately 5,700 sq ft (520 sq m). It is arranged over three storeys. There is also a single-storey lodge building which is within the grounds which is around 1,265 sq ft (117 sq m). Within the three acres of grounds there are also a number of outbuildings including manager’s accommodation and a laundry room.

“This is a fascinating site which holds a remarkable amount of potential,” comments Richard Wickins, a Development Surveyor at Savills. “For an opportunity such as this to arise in such a central location is something of a rarity. However, as it is within the Salisbury City Conservation Area, it will require considerate and sympathetic development. I fully expect interest to come from those who recognise the possibilities of such a site whilst understanding the importance of its status and location.”

Hayley Stevens of YHA commented, “It is always a difficult decision to sell one of our properties. However, by selling hostels, YHA can release the capital value of these sites to pay for the future investments needed elsewhere and to reduce the amount of money we need to borrow to meet our total investment needs”.

For further information contact Richard Wickins on Savills 02380 713925