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Land at Craghead, Craghead, Stanley, Durham

POA
H&H Land & Estates, Penrith
PROPERTY TYPE

Land

SIZE

163,786 sq ft

15,216 sq m

Description

A rare opportunity to purchase 3.76 acres of allotment land and grazing land with development potential (subject to the necessary consents). Available as a whole or in 2 Lots.


Lot 1: 3.23 acres. Offers Invited
Lot 2: 0.53 acres. Offers Invited

Tender forms to be submitted to H&H Land & Estates, Blackmoor Court, Durham Moor, Durham DH1 5ER no later than 5pm on 23rd April 2026.

Lot 1: Approximately 2.23 acres of allotment land with potential for development. Currently only parts of the land are occupied, but the site has historically been split into 52 individual allotments. There are also a number of garages and other small structures on the land, which we understand belong to the occupiers. Details of rental income from the allotments will be provided on request.

It is understood that all allotments are occupied on a verbal agreement basis only, but records of rent payments can be provided on request.

Lot 2: Approximately 0.53 acres of acres of grassland currently used for horse grazing purposes. The access track to the paddock is also included within this lot– other third party users do benefit from a right of way along this track.

It is understood that the paddock is occupied on a verbal agreement basis only.

Directions
From the A1(M) north bound, turn off at junction 63 towards Chester le Street and take the first exit onto the A167. At the roundabout take the second exit onto the B6313. Continue straight on at the mini roundabout, and at the next roundabout take the second exit towards Pelton Fell. Continue on this road for approximately 4 miles until you come to Craghead village. Go straight across the junction and the land will be on your right after approximately 250 metres.

Location
Craghead is situated within County Durham approximately 7 miles to the north of Durham and approximately 11 miles to the south of Newcastle upon Tyne. The land is located 5 miles from the A1(M), and has good access to other transport links.

RESTRICTIVE COVENANT & OVERAGE

In the event that the Buyer or their successors in title obtain planning consent to carry out any form of development (other than for agricultural or equestrian use) they will pay 50% of the net uplift in value to the Seller, or their successors in title. This provision will run for 30 years from the date of purchase and the trigger will be any implementation of planning permission, or a sale with its benefit.

SERVICES

Purchasers to carry out own searches.

MONEY LAUNDERING REGULATIONS

Prospective Buyers should be aware that in the event that they are successful, they will be required to provide us with documents in relation to Money Laundering Regulations. The extent of the required documentation will be confirmed to the Buyer after acceptance of an offer.

BURDENS

The property is sold subject to all rights including rights of way, whether public or private, rights of light, support, drainage, water and electricity supplies and other rights, obligations and easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether or not constituted in the title deeds or referred to in these particulars. In particular, a public footpath crosses through the yard and some of the land.

Brochures

Particulars

Land at Craghead, Craghead, Stanley, Durham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chester-le-Street Station3.9 miles
  • Durham Station6.1 miles
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About H&H Land & Estates, Penrith

1a St. Andrews View Penrith CA11 7YF
Industry affiliations:

H&H Land & Estates are one of the North's leading independent Estate and Residential Letting Agents with a heritage that gives us a depth of knowledge and experience unrivalled in the local market.

Our dedicated team operates across a vast expanse of stunning locales, spanning Cumbria, Northumberland, County Durham, North Yorkshire, and into North Lancashire. With seven strategically positioned offices in Carlisle, Cockermouth, Durham, Kendal, Northallerton, Penrith and Staveley, we are your local experts, armed with a wealth of experience in the property market.

Notes

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Disclaimer - Property reference DUR260009. 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 H&H Land & Estates, Penrith. 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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