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Development Opportunity For Sale in Low Fell, Granville House, 16 Durham Road, Gateshead, NE8 4EJ

Offers in Region of
£375,000

£215.27 per sq ft

Business rates & charges may apply

Sanderson Weatherall, Newcastle
SIZE AVAILABLE

1,742 sq ft

162 sq m

SECTOR

Commercial development for sale

Key features

  • Development Opportunity
  • Size: 1,742 sq ft (161.8 sq m)
  • Asking Price: £375,000
  • Subject to Contract

Description

A prominent semi-detached property, constructed of brick under a slate roof and occupying basement, ground, first and second floors.

Subject to the required planning consents, the property offers an outstanding opportunity for redevelopment.

The property occupies a prime position directly on the bustling A167 Durham Road in Low Fell. Durham Road offers a mix of independent shops, cafes, restaurants and convenience services, with the added benefit of nearby parking options. The location provides excellent connectivity to Gateshead and Newcastle City Centre via frequent bus services and easy road access.

Offers are invited in the region of £375,000 for our client’s Freehold interest.

The property was granted consent in June 2020 for the conversion of the existing premises to create 3 x dwellings in the form of flats which involved a change of use from professional financial services to dwellings under Use Class C3a).

The property may be suitable for a range of alternative uses, or indeed full redevelopment, subject to receipt of the relevant planning and freeholder consents required. Purchasers should make their own enquiries with Gateshead Council’s planning team as to the future uses of the premises.

Brochures

Development Opportunity For Sale in Low Fell, Granville House, 16 Durham Road, Gateshead, NE8 4EJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gateshead Stadium Tram Stop0.5 miles
  • Felling Metro Station1.0 miles
  • Newcastle Central Station1.2 miles

About Sanderson Weatherall, Newcastle

Central Square South, Orchard Street, Newcastle upon Tyne

Notes

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Disclaimer - Property reference 328184-1. 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 Sanderson Weatherall, Newcastle. 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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