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Gas House Lane Car Park, Gas House Lane, Morpeth, Northumberland, NE61 1SR

£400,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Land for sale

Key features

  • 52 Space Car Park
  • 0.23 hectares (0.57 acres)
  • Superb site in sought after location
  • Close to town centre, overlooking river
  • Future development opportunity
  • Short-term Let to the Local Authority. EPC Exempt
  • Christie & Co Ref: 6410933

Description

Description

This is a very rare opportunity to acquire a superb freehold site in a sought after location.

A car park with 52 spaces in an enclosed, secure, gated site with electric gates, CCTV and lighting. The site has been developed into a car park and is currently let at £1,000 per month.

Location

The sought after and vibrant town of Morpeth is located in Northumberland, approximately 15 miles north of Newcastle upon Tyne. The land is located on Gas House Lane, adjacent to the River Wansbeck and within an area of residential housing. It is situated a short walk from the town centre, close to a large Morrisons Supermarket and opposite the ambulance station. New leisure centre opened in Spring 2023.

Morpeth has a busy high street and is home to the multi million pound investment of Sanderson's Arcade. The town is busy during the evening for leisure activities, including a variety of restaurants and bars.

The towns new £21m state of the art leisure centre & swimming pool has just been built next to the land. Due to open in 2023

The Opportunity

Our client developed the site into a car park. A new owner may wish to consider change of use to residential development, subject to obtaining planning consent. The site offers ideal potential for housing as it overlooks the river and is only a short level walk to the town centre.

From 1 January 2021 a tenant, the Local Authority, under licence, has been paying a monthly licence on the car park at a rent of £1,000 per month to allow for free parking (disc to be displayed) between the hours of 8am and 6pm.

Construction work started in 2021 on a £21m leisure centre next to the car park. The new centre opened in Spring 2023 and includes a 25m swimming pool, sports hall, spa facilities, fitness suite and studios. It also has a new community services hub that includes a library, customer service centre and adult learning area.

Energy Performance Certificates

EPC 1

Brochures

Gas House Lane Car Park, Gas House Lane, Morpeth, Northumberland, NE61 1SR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Morpeth Station0.4 miles
  • Pegswood Station1.7 miles

About Christie & Co, Retail

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

Christie & Co, Retail

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 disco

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Disclaimer - Property reference 6410933-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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