FOR SALE BY WAY OF ONLINE AUCTION ON - THURSDAY 25TH FEBRUARY 2021 - Terms and Conditions apply. See . ATTENTION BUYERS - NO BUYERS PREMIUM TO PAY

POTENTIAL DEVELOPMENT OPPORTUNITY IN LOW FELL

A significant site, 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 could be suitable for a variety of uses, subject to all consents.
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 and Consents
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 applications and any buyer wishing to redevelop, must make all of their own planning, legal and any other enquiries and applications.
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.
Tenure
Freehold

EPC: E
Services
We believe that all main services are available nearby but purchasers must satisfy themselves with regard to this.
Equipment
None of the equipment or systems within the buildings have been tested by the Agent and it is the responsibility of the purchaser to ensure that they are in working order and suitable for their requirements.

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 £1000.00+VAT (total £1200.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. [use Contact Agent Button]
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management and Land and New Homes. Call now on[use Contact Agent Button] or visit Disclaimer
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.