OPPORTUNITY
Bradley Hall is delighted to be appointed to market this residential development opportunity in Southmoor, Northumberland. The development would see the conversion of existing agricultural buildings to 2 x residential homes. An additional agricultural building will be included that is currently let on licence at a rent of £150 per annum. This provides the opportunity to add an additional third dwelling subject to planning approval.
LOCATION
The subject site is located at Southmoor in a rural position between the villages of Shilbottle and Guyzance. The property is located directly off a minor country road and neighbours an existing stone farmhouse. The site sits on an elevated position and benefits from fantastic views across neighbouring countryside towards the coast. The market town of Alnwick is located approximately 5.4 miles to the north whilst Morpeth is approximately 16 miles to the south. Both towns provide a wide arrange of amenities. The A1 is easily accessible to 1.5 miles to the west and the Northumberland Coast is within a short drive to the east with Warkworth, Amble and Alnmouth all nearby.
DESCRIPTION
The site comprises approx. 0.38 acres (0.15 hectares) and is comprised of existing agricultural buildings and associated yard / paddocks.
The proposed development would see the creation of two residential properties within the footprint of the existing barns. House 1 would be a three bedroom property arranged across ground floor only whilst House 2 would be a three / four bedroom house arranged across two floors and is positioned to take advantage of the surrounding coastal view. An additional third barn will be included and is currently let on a licence agreement but could be developed subject to planning permission.
PLANNING INFORMATION
On request Bradley Hall will provide an electronic suite of planning documents to interested parties. A hard copy will also be held within our Alnwick office.
Planning permission is granted under reference 22/02299/AGTRES
TENURE
The sites are sold freehold with vacant possession.
TERMS
We are instructed to seek offers in the region of £390,000 (Three Hundred Thousand and Ninety Pounds) for our clients freehold interest in the site. Our client does not have to accept the highest nor any offer submitted to the agent.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
