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Callerton (former) Garden Centre, Stamfordham Road, Newcastle Upon Tyne, NE5 1NL

£950,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Out-of-town retail property for sale

Key features

  • Formerly well-presented profitable garden ctr
  • C. 2.1 acre site fronting busy B6324
  • Nr A1M, A69, and 4 miles - Newcastle airport
  • C. 1 mile from huge new housing development
  • Suitable for garden centre or alternative use
  • Detached 2 bed bungalow & other buildings. Energy Rating F
  • Christie & Co Ref: 6411084

Description

Description

Former garden centre for sale after 35 years, with rental income from catteries and other tenants. Currently mixed use with some remaining garden centre features being sale of aggregates only.

Ripe for development returning it to its former glory, or for alternative use.

Location

An excellent location for a garden centre but with potential for alternative new development business uses. Several hundred houses have been built by a number of house builders within c. 1 mile of the site. The area is continuing to grow and there are plans for a total of c. 3,200 by 2030.

This is likely to increase traffic (currently 8139 vehicles daily) on the B6324, a minor road linking the garden centre and Westerhope. In addition, being under 2 miles from the centre of Darras Hall, one of the most favoured and affluent suburbs of Newcastle, the site may be of interest for developers looking to add executive homes. Newcastle International Airport is circa 4 miles, and approximately 2 miles to the A69.

Semi-rural in its immediate location yet with many executive housing on it's doorstep along with farm steads and hamlets. This is a special location being readily accessible to the major road ways in the area yet enjoying tranquility, with excellent rural views across countryside including toward the Tyne Valley to the South.

Owner's Accommodation

Two bed detached stone faced bungalow with hall, living room, kitchen, conservatory, 2 bedrooms. Bathroom with bath, separate shower and toilet. Gardens to all four sides.

Hall: 16’ x 5’
Living room: 20’ x 12’
Kitchen: 21’ x 7’ 6”
Conservatory: 20’ x 7’
Bedroom 1: 15’ x 7’
Bedroom 2: 15’ x 7’

Other Property

There is a derelict building (formerly a restaurant) on site. There are two buildings currently tenanted by a cattery business paying our client a rental income.

There is garaging and also outhouses, buildings formerly used as the petting farm.

At the entrance to the site there is a tarmacadam car park, bays for aggregate stock, and a workshop. Grassed, and uncultivated areas, much of which were previously used by the garden centre. Photos are available, from the past, as an indication for those looking for more information.

The Opportunity

Our client is looking to take semi-retirement, the main garden centre closed some time ago. Our client sells aggregates from the site and there is rental income from various tenants.

The property is in an area of huge recent expansion in residential properties making this an excellent time for someone to develop the site. Potentially, a new petrol station, a family food led pub, or garden centre and potentially residential housing, all subject to planning.

Our client previously spent c.£30,000 on planning application preparation for residential properties to be built on the site. We feel that the site has the potential for commercial or residential use subject to the relevant planning permissions. Please ask for further information as we have a number of planning reports on file.

There are tenants in situ, two catteries, and a car mechanic, along with the bungalow, and static caravans.

Staff

There are no staff to transfer on the sale.

Trading Information

We understand that our client receives a rental income of £1,500 per month from the catteries combined, £800 pcm for the bungalow, £480 pcm for the static caravans, £100 pw from car service repair garage.

Trading Hours

Our client sells aggregates from the site but there is no fixed opening hours.

Tenure

Tenants are on 6 month rolling contracts. We understand that there are no long term leases in place.

Energy Performance Certificates

EPC 1

Brochures

Callerton (former) Garden Centre, Stamfordham Road, Newcastle Upon Tyne, NE5 1NL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bank Foot Metro Station2.4 miles
  • Callerton Parkway Metro Station1.7 miles
  • Kingston Park Metro Station2.7 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

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Notes

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Disclaimer - Property reference 6411084-fh. 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 Christie & Co, Retail. 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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