£32,000+ (Guide price)
Suitable for a variety of uses subject to planning permission, this large parcel of land, measuring proximately 4.9 acres is located close to the Hilda Park estate in Chester Le street. Formerly a railway yard, then a fertilizer works, the site is currently vacant but listed as B1C – (Light industrial appropriate in a residential area).
The site is made up of one long building measuring approximately 140 m x 18m, an area of hard standing, and an area that is now covered by self seeding tree’s.
There is a clawback clause relating to the title of the property whereby should planning permission be granted for residential development, then 50% of the uplift in value will be due to the Lambton Estate. No clawback is applicable should the site gain commercial or industrial planning permission.
The site currently enjoys vehicular access though a right of way over over a single width road owned by a third party. Access to this road is gained through the Stella Gill industrial estate.
The site is located close to the popular Hilda Park estate in South Pelaw. The estate has a number of local amenities at hand including beauty shops and a convenience store. The centre of Chester Le Street however is located merely a couple of minutes drive away.
Property details provided by JW Wood
EPC rating: exempt
For Sale by Auction TAKING BIDS NOW Option 1
The Agents Property Auction have not inspected this property. The property details have been supplied by JWW. 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.
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A copy of title is available upon request.
Draft property details awaiting vendors approval.
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£289,950+ (Guide price)
2 Bedrooms •1 Bathrooms •1 Receptions