Development Opportunity For Sale in Low Fell, Granville House, 16 Durham Road, Gateshead, NE8 4EJ
Size
1,742
Tenure
Freehold
EPC
Parking
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- Primary use
- Commercial development
No floor / site plan
Key features
- Development Opportunity
- Size: 1,742 sq ft (161.8 sq m)
- Asking Price: £375,000
- Subject to Contract
Description
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.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Development Opportunity For Sale in Low Fell, Granville House, 16 Durham Road, Gateshead, NE8 4EJ
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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.



