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Land for sale

Morpeth Riverside


Property Description

Key features

  • Encompasses a 3.3 acre site with road and pedestrian access
  • Attractive frontage to the River Wansbeck
  • Development potential STPP
  • The land is for sale by private treaty
  • The land is for sale by private treaty

Full description

BEST AND FINALS BIDS BY 12 NOON ON FRIDAY 28th OCTOBER 2016.LOCATIONRiverside is located within a prime position within Morpeth’s town centre on Bridge Street. The site is easily accessed via the A192 which provides access to the A1. Bridge Street is the prime shopping pitch within the town and occupiers include Costa Coffee, Rutherford and Co, Barclays Banks, WHSmith and Natwest. The street recently benefitted from the attractive development of Sanderson Arcade which includes quality retailers such as Marks & Spencer’s, Crew Clothing, Laura Ashley, Monsoon and Waterstones. The prime retail pitch is less than 5 minutes walk from the site. Morpeth benefits from excellent bus links across Northumberland and to and from Newcastle upon Tyne. There are also train links on the east coast main line.DESCRIPTIONThe setting of the site provides an excellent developmentopportunity for a variety of uses within an increasinglypopular location with fantastic access to local amenities. Sites of this nature are seldom available on the open market under a single disposal. We envisage that the site would be suitable for a range of uses including residential apartment development, retirement living, hotel, leisure / amenity use all subject to planning.PLANNINGThere is a full development brief provided by Northumberland County Council which confirms that the site is suitable for a variety of uses subject to a planning application. The potential uses including Residential (potentially over a number of storeys), Office Use, Hotel, Heritage / Arts Centre or potentially a number of other uses subject to planning. A full copy of the development brief document is available to interested parties.A full documents pack is available to all interested partiesto include –• Environment Agency Document• Ecology Survey• PlanPROPOSALOur clients are seeking disposal of the entire site on a freehold basis. Offers are invited. The land is for sale by private treaty.CostsThe purchaser will be responsible for their own legal costs. Northumberland County Council require a contribution of 1% plus VAT of the purchase price towardslegal fees and 1% plus VATof the purchase price towards surveyors fees.VATAll offers are to be made to Bradley Hall exclusive of VAT. Where silent offers will be deemed exclusive of VAT.

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