Shaw House Farm, Newton, Stocksfield, Northumberland, NE43 7UE

Exciting Development Opportunity available for sale by way of The Modern Method of Auction.

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The successful purchaser will secure an opportunity to undertake the conversion of traditional agricultural buildings into 7 homes with associated access and parking.

The site is located to the south of Newton, 1.5m to the north of Bywell and 1.9m to the north of Stocksfield which benefits from a train station and bus service links to Hexham. The A69 is located to the south of the farmstead providing access directly into Newcastle to the east and Corbridge/Hexham to the west.

The site is located to the east of Shaw House Farmhouse and is bounded by the existing access road leading to Newton on the western boundary. To the southern boundary there is existing residential uses and to the northern and eastern boundaries is open agricultural land.

The subject site, known as Shaw House Farm, comprises several agricultural buildings currently utilised for sheep farming. Buildings on site include large, modern steel portal framed barns across the northern portion of the site upon concrete pads; several connected agricultural buildings of sandstone and timber construction, located centrally; and a square shaped barn located to the south-west formed of three rectangular structures, two of sandstone and timber, and the middle of steel portal frame construction.

Access onto the site is gained via a gated entrance to the south west and to the north west. The surfacing across the site mainly comprises cobble and compact earth hardstanding, with few areas of soft landscaping.

Planning Reference: 18/03543/FUL | Conversion of traditional agricultural buildings to 7 dwellinghouses with associated access and parking. Demolition of modern agricultural buildings. | Land North Of Shaws House Cottages Newton Northumberland

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.