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Chopwell Hotel, Derwent Street, Chopwell, Newcastle Upon Tyne

Guide Price
£80,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

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SECTOR

Commercial development for sale

Key features

  • Of interest to investors and developers.
  • Freehold former public house/hotel
  • Previous planning consent granted but now lapsed
  • Comprises approximately 627.82 sq m (6,758 sq ft)
  • Development potential subject to requisite consents
  • Low capital value psf (£11.84 psf)
  • Vacant

Description

Of interest to investors and developers.

This former hotel and public house had planning in 2019 for a 10 bedroom assisted living accommodation investment which has now lapsed, details of which can be found via this link (DC/18/01107/FUL)

Other uses for the property may be possible subject to requisite consents.

Chopwell lies in the heart of the Derwent Valley, nestled in the centre of a triangle between Newcastle, Hexham and Durham with the famous Chopwell Woods on its doorstep.

The recreational amenities of Milkwellburn Wood and South Play Park are easily accessible.

Local amenities of Chopwell are situated on Derwent Street.

Brochures

Chopwell Hotel, Derwent Street, Chopwell, Newcastle Upon Tyne

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Prudhoe Station3.7 miles
  • Wylam Station3.8 miles
  • Stocksfield Station4.4 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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