Commercial

Development site of approximately 0.25 acres in size with Planning Permission for 9 apartments dated June 2021 and there was a previously agreed scheme for 6 houses. It is well located at the junction of Litchfield Lane and Blaydon Bank within Winlaton and in close proximity to the village centre with its excellent facilities. The Metro Centre and the A1M are both nearby, providing access to even more local facilities and beyond.

This is a prominent, cleared site, located in an excellent position close to Winlaton centre.

The drawings on the planning portal show a three storey building with three apartments on each floor. The accommodation of each apartment will comprise: entrance hall with cloaks cupboard, living room/kitchen, two bedrooms, bathroom and WC. On the portal the Rev A plans do not show
the floor areas but the original proposed floor plans dated September 2020 did show each apartment amounting to 66.5 sq metres (715 sq feet). Potential buyers must satisfy themselves as to the accuracy of these dimensions. Externally the drawings also show communal grounds and nine allocated parking spaces with one visitor parking space. In our opinion the size of each apartment could possibly be reduced, thereby reducing costs and providing a finished flat at a marketable floor area for the location. Any such revisions would have to be carried out by the purchaser and will require permission.

Property details provided by Andrew Craig
EPC rating: N/A
Council Band: N/A
Tenure : Freehold

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 30 May 2024 OPTION 1

Planning and Consents
Planning permission was granted on 23 June 2021 under ref DC/20/00793/FUL for the construction of a block of nine apartments over three storeys subject to various conditions, one of which was that construction must commence within three years. We have documents showing that the planning conditions have been satisfied, except for the Cycle store and Digital Infrastructure. The portal shows a history of permissions having been granted historically, including 6 town houses in 2015 (DC/15/00974/FUL). All planning documents are available publicly on the Gateshead Council Planning Portal.

Site Area and Measurements
The site area is approximately 0.25 acres. All quoted measurements should be assumed to be approximate and are taken from the planning drawings. The site area is taken from Landinsight, an online mapping service. Potential buyers must satisfy themselves with regard to the accuracy of these measurements.

Services
The site is located in a built up area and we have assumed that services will be available nearby. We are not aware of any formal enquiries to the utility companies and the buyer must therefore make all relevant enquiries to satisfy themselves regarding the provision of services.

VAT
We have been advised that our Client is registered for vat however the site is not elected for vat.

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 £2000+vat (total £2400) 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 £180 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.