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£350,000
Residential Development Opportunity For Sale
OPPORTUNITY
Bradley Hall is delighted to be appointed to market this residential development opportunity in Coxhoe.
LOCATION
The site is located in Coxhoe, a village in County Durham. The site is situated just 5.7 miles south of Durham City Centre and 16 miles south-east of Sunderland City Centre.
The site is located west of the B2691 which runs through the centre of Coxhoe and joins the A1(M), connecting the village surrounding villages such as Bowburn and Shincliffe before reaching Durham and Newcastle-upon-Tyne.
The village comprises multiple restaurants, bars and coffee shops as well as a medical practice, supermarket and both a catholic and methodist church. There are also multiple bus routes within walking distance of the site.
DESCRIPTION
This brownfield site comprises a vacant piece of land that measures approximately 0.93 acres (0.37 hectares).
PLANNING PERMISSION
An outline planning application for 9 dwellings was approved and further information can be found at Durham County Council’s planning portal using reference: 4/10/00625/OUT
Our client is intending to submit an application for 5 detached bungalos..
TENURE
The site is sold freehold with vacant possession.
TERMS
We are instructed to invite offers for our clients’ freehold interest.
Our client does not have to accept the highest nor any offer submitted to the agent.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall on this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
VIEWING & FURTHER INFORMATION
For all enquiries and viewing arrangements please contact Bradley Hall.
Tel: 0191 232 8080
Email: callum.armstrong@bradleyhall.co.uk
Email: mae.gordon@bradleyhall.co.uk
All figures are based on a standard repayment mortgage calculated from the information shown here.
I'm a first time buyer
Property is a buy-to-let or second home
Buyer is a non-UK resident
These figures are estimates and are provided for guidance only. This calculation is only a guide.
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