Holmside Lane, Holmside

OPPORTUNITY

On behalf of our client, Bradley Hall is delighted to bring to the market this residential development opportunity situated on the Former Wardles Bridge Inn. The site has been cleared of all previous buildings, and now presents an exciting opportunity to construct 6 large, detached family dwellings in this rural setting with unrivalled views across the local countryside. The site has potential for up to 9 dwellings subject to planning.

LOCATION

Holmside is a small village situated to the north west of Durham. The site is located on Holmside Lane which is the main arterial route through Burnopfield and eventually via Peth Lane into Lanchester. It lies within convenient reach of local services and facilities, just 1.5 miles west of Edmondsley and 3.5 miles east of Lanchester.

DESCRIPTION

The site is clear of all previous buildings and is suitable for immediate development (subject to discharging any pre-commencement conditions attached to the planning permission). The site occupies a total area of 0.69 hectares (1.70 acres) and is bounded by residential houses to the east, Holmside Lane to the north and open fields to the south and west.

The ground is surfaced by hardstanding in the east, and gravel covered in the west. Each approved dwelling benefits from its own private driveway, small patio area overlooking the woodland and countryside, four bedrooms with one en-suite, one master bathroom and garaging.

PLANNING

Full planning permission was granted conditionally on 16th July 2020 for the construction of 6 no. 4 bedroom detached houses on the site by Durham County Council. Further information can be seen using the reference DM/19/02538/FPA on Durham County Councils Planning Portal.

Although planning for only 6no. units have been approved, there is potential for 9 no. units subject to receiving the relevant planning permissions.

TENURE

The site is sold freehold with vacant possession.

SERVICES

Interested parties should make their own enquiries to the utility companies and confirm availability and capacity.

TERMS

The subject site is available way of freehold with a guide price of £500,000.

All offers are to be made to Bradley Hall exclusive of VAT and, where silent, offers will be deemed net of VAT.

Our client is not obliged to accept the highest or indeed any offer.

LEGAL COSTS

Each party is to bear their own legal costs involved in the transaction.

MONEY LAUNDERING REGULATIONS

In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

VIEWING & FURTHER INFORMATION

For all enquiries please contact Callum Armstrong at Bradley Hall.