Development property

Drydon Road, Gateshead

£250,000+

Call Us: 01661 831 360

A significant site, suitable for residential development, in a prime location within Low Fell, close to the junction of Dryden Road with Joicey Road. Site area approximately 0.25 acre with frontage of 133 feet and depth of 89 feet.

A Planning pre- application was made to Gateshead MBC on 7 September 2020, proposing demolition of the existing buildings and the erection of approximately 8 no dwellings. In a detailed response, the Council said ‘In principle, the development of the site for residential would be acceptable, subject to all other material considerations being satisfied.’ Prospective buyers should read the full response document.
Last used as a community centre, the buildings would be suitable for a variety of uses, subject to all consents.

Property details provided by Andrew Craig
EPC rating: E

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 28 January 2021 Option 1

Buildings
These are substantial buildings, to include the original church building, together with various additions, comprising in total approximately 5000 sq feet (465 sq metres). There are external grounds to include yard/parking and internal courtyard. The site is located in a prime residential location and in our opinion would be ideally suited for a residential development project. Surrounding residential properties are of good quality and in our experience, readily saleable. NOTE. The electricity sub station, to the south is not part of the site.

Planning
Purchasers must make their own enquiries regarding planning or any other consents that may be required, before any redevelopment can be carried out. We have on file copies of the pre-application made to Gateshead MBC on 7 September 2020 and the Council’s response dated 30 October 2020. Our clients do not intend to make any further planning applications and any buyer wishing to redevelop, must make all of their own enquiries and applications.

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by AC. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £1000+vat (total £1200) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
Details awaiting vendors approval.

Disclaimer 4
Rates
The buildings do not currently show on the Gov.uk site ‘Find your business rates valuation’. All prospective buyers must make their own enquiries with regard to rating, if the premises are to be retained.

VAT
We understand that the current owners are not registered for VAT.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner’s express prior written consent. The website owner’s copyright must remain on all reproductions of material taken from this website.

Book a viewing

Register your interest

More properties

See all properties