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Albion Street, High Heworth

£610,000
Andrew Craig Land & New Homes, Low fell
PROPERTY TYPE

Land

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Key features

  • Reference: 406320

Description

This is an excellent opportunity to acquire a site with the potential for residential development in this popular residential area within High Heworth. Previously occupied by a building materials supplier, it could equally provide industrial/warehouse plus office accommodation for a variety of trade uses. The site area is around 0.84 acres and a positive pre-application response has been received from Gateshead MBC planning department. In our experience, demand for modern homes in this area is generally high and this site shows great promise for future sales.
Location
The site is located just off Albion Street, with access to Whitehill Drive close to where it adjoins High Heworth Lane. It has traded as McGoverns brick yard for many years and is known locally by that name. To the south and east there is much modern residential development, including a recent site by Linden Homes..
Tenancy
We are advised that the site was previously occupied by a tenant on a commercial lease. The tenant is no longer trading and the site will be sold with full vacant possession.
Planning and Consents
There is no current planning permission but the vendor did submit a pre application for the construction of 16 townhouses in April 2021. In it's detailed and very positive response, dated 16 July 2021, the Council Officer stated : 'In summary, it is my informal officer opinion that the redevelopment of this site for residential use would be acceptable in principle and I would therefore welcome the submission of a planning application for this, subject to consideration of the points set out below and provision of the relevant supporting information.'

The last commercial use was as a building materials supplier. Any purchaser wanting to occupy the site for their own use or investment must satisfy themselves as to all relevant planning consents and the existing restrictive covenant.

Prospective buyers must make all further enquiries and necessary applications themselves. A copy of the pre application response and also the OCE are available upon request.
Services
The site was until recently occupied and we understnd benefits from some service connections but no enquiries have been made regarding services suitable for the proposed development, or future occupation. Potential buyers must make their own enquiries and satisfy themselves regarding services.
Site Area
This is a largely level site of around 0.84 acres, which has been used for many years as a storage and distribution yard for building materials. No site surveys or investigations have been undertaken by the vendors and prospective buyers must make their own enquiries and commission any required surveys for themselves.
Buildings
The current buildings will remain upon the site either for occupation by the purchaser or demolition if development is to take place.
VAT
We have been advised that the vendor has opted to tax on this site and VAT will be payable at 20% on the purchase price. VAT registered buyers should be able to reclaim this but must take specialist advice before proceeding to buy. All offers are deemed to be net of vat.
Proposed Development
We can provide scanned copies of drawings submitted with the pre application to the Council. The drawings show three blocks of town houses in an L shaped layout. Units 1 - 7 are in one terrace and comprise of 3 storey townhouses with lounge, kitchen/dining, gf wc, 4 bedrooms and 2 bathrooms. Units 8 and 9 are of the same design as 1-7 but are semi detached on larger corner plots. Units 10-16 are of two storey link houses comprising lounge, kitchen/dining, gf wc, 3 bedrooms and bathroom/wc. Externally, each unit has a car space and gardens. There are visitor spaces also shown on the drawings.

As detailed elsewhere, these were only indicative drawings for the purpose of submitting the pre planning guidance application to the Council. A full design exercise must be undertaken in order to comply with the necessary applications for planning and other required consents and this must be undertaken by the buyer.
Tenure
We are informed that the site is to be conveyed upon a freehold basis and we have copy OCE on file to verify this. There is currently a covenant in place over a small section of the land in favour of Gateshead MBC. Our clients have agreed terms with the council for the release of the covenant but this has not yet been processed. Full details are shown on the OCE and buyers should take specialist advice to satisfy themselves regarding this.
Disclaimer
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
The Agent Of The North
Andrew Craig isThe Agent of the North and our specialist Land and New Homes Department deals with the sale and acquisition of development land and sites, together with the sale of new homes. Call us with details of your land requirements on or email on .

EPC Rating: E

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Albion Street, High Heworth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Felling Metro Station0.8 miles
  • Heworth Station0.9 miles
  • Gateshead Stadium Tram Stop1.3 miles

About Andrew Craig Land & New Homes, Low fell

582 Durham Road Low Fell Gateshead NE9 6HX
Industry affiliations:Industry affiliation logo 0

With over 40 years' experience in the property and development industry, we're proud to be a leading name in residential development and land investment opportunities, offering professional advice to landowners, developers and house builders. One of the most important parts of our business is Land & New Homes so please contact us to find out more about our services for house builders, developers and land owners and discover what sets us apart from the competition.

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Disclaimer - Property reference 406320. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Craig Land & New Homes, Low fell. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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