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£925,000
Bradley Hall is delighted to be appointed to market this potential development opportunity in Monkseaton, Whitley Bay.
LOCATION:
The subject property is located on a corner plot on Kensington Gardens, Monkseaton, a popular residential street within close proximity to local amenities, including bars, restaurants, cafes, local shops, and more. The property can be accessed via Front Street.
The property is easily accessible by road and public transport links, with Monkseaton Metro Station just 0.1 mile away and convenient bus links.
DESCRIPTION:
The subject property was formerly used as a care home and is arranged over three floors with 27 bedrooms. The property is accessed from the front and benefits from a private driveway. Internally, the ground floor comprises a reception area, lounge, dining room, office, kitchen, and lobby, as well as 27 bedrooms.
DEVELOPMENT OPPORTUNITY:
The property may be suitable for a variety of uses, including residential or commercial development, subject to obtaining necessary planning permission.
Our Planning and Development team would be delighted to assist with the process involved in designing a scheme.
TENURE:
The site is sold freehold with vacant possession.
TERMS:
Offers are invited for the site.
Our client does not have to accept the highest nor any offer submitted to the agent.
Each party is to bear their own legal costs involved in the transaction.
VIEWING & FURTHER INFORMATION:
For all enquiries and viewing arrangements, please contact Bradley Hall.
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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