Land and Building north of Front Street, Stanley

The subject Property is located within the Leisure and Civic Quarter of the town centre of Stanley. The town has a resident population of approximately 31,000 and benefits from a good range of facilities and amenities.

Stanley is centred on a hilltop between Chester-le-Street (approximately 6-miles to the east) and Consett (approximately 7.3-miles to the west). Stanley was formerly divided into three distinct settlements – the main town of West Stanley and the mining villages of East Stanley and South Stanley. Through a process of gradual expansion, these have become amalgamated into one town, with East and South Stanley no longer officially used as town names (although they are still recognised colloquially).

Description

The Property was built in 1961. It is built with a traditional double skin external brick wall with a hipped roof. It fronts on to Front Street, which is the primary throughfare through the town centre. The Property is bound by the Louisa Centre (Leisure Centre) to the north and highway and public realm to the south, east and west.

Tenure

DCC owns the freehold (title absolute) of the Property being offered for sale. It is registered with the Land Registry under title number: DU254386.

Rights of Way, Wayleaves and Easements

The Property will be sold subject to all and any existing covenants, easements, restrictions, wayleaves, rights of way, etc. affecting the Property (whether mentioned in these particulars or not). The purchaser must satisfy themselves in relation to any covenants or other matters affecting the property.

Details of Sale

DCC are offering the Property for sale by Private Treaty. Offers are invited. Offers are invited on an unconditional or conditional basis (conditional on grant of planning permission). Both freehold and leasehold bids will be considered.

V A T

Any offers will be deemed exclusive of V A T. Interested parties should make their own enquiries with H M R C.