Opportunity
Bradley Hall is delighted to bring to the market this exciting development opportunity, offering the chance to acquire a substantial commercial site in County Durham.
The site is currently occupied and operated as an established motor dealership, with a showroom, a workshop and an associated vehicle display area. The site extends to approximately 1.5 acres.
The extensive site size means that the property has the opportunity to be converted to a different use subject to planning permission and other necessary consents.
The site may be suitable for alternative uses including residential, subject to planning permission.
Location & Description
The location benefits from good accessibility to the wider regional road network, with convenient connections to the A19 trunk road and the A1(M), providing direct routes to Sunderland, Durham, Newcastle upon Tyne and the wider North East region. Houghton-le-Spring town centre lies approximately 3 miles to the west, Sunderland city centre approximately 6 miles to the north, and Durham city centre approximately 10 miles to the south-west. The property benefits from prominent frontage to South Hetton Road and is readily accessible by both private vehicle and public transport, with local bus services operating within the vicinity.
Planning Permission
The site currently does not benefit from planning permission, but the site has potential for a number of uses subject to obtaining the relevant permissions.
Tenure
The site is to be sold with the benefit of a Freehold title.
EPC RATING
TBC
RATING
The rateable value of the premises is £47,250 meaning the estimated rates payable are £12,395 but interested parties are to confirm with the Valuation Office Agency.
VAT
TBC
Legal Costs
All parties are to bear their own legal costs in the transaction.
Anti-Money Laundering Regulations
In accordance with the Anti-Money Laundering Regulations we are required to verify the identity 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.
