Development Opportunity For Sale in Low Fell
Granville House, 16 Durham Road, Gateshead, NE8 4EJ
1,742 sq ft Enquire NowDevelopment Opportunity For Sale
Summary
- Development Opportunity
- Size: 1,742 sq ft (161.8 sq m)
- Asking Price: £375,000
- Subject to Contract
Location
The property occupies a prime position directly on the bustling A167 Durham Road in Low Fell. Durham Road offers a mix of independent shops, cafes, restaurants and convenience services, with the added benefit of nearby parking options. The location provides excellent connectivity to Gateshead and Newcastle City Centre via frequent bus services and easy road access.
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Mainline Stations
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Newcastle22 mins
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Manors24 mins
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Dunston33 mins
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Heworth34 mins
Underground Station
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Chesham4407 mins
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Amersham4449 mins
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Broxbourne4463 mins
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Chalfont and Latimer4463 mins
Further Information
Price Offers in the region of £375,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as D (89)
Description
A prominent semi-detached property, constructed of brick under a slate roof and occupying basement, ground, first and second floors.
Subject to the required planning consents, the property offers an outstanding opportunity for redevelopment.
Terms
Offers are invited in the region of £375,000 for our client’s Freehold interest.
Planning
The property was granted consent in June 2020 for the conversion of the existing premises to create 3 x dwellings in the form of flats which involved a change of use from professional financial services to dwellings under Use Class C3a).
The property may be suitable for a range of alternative uses, or indeed full redevelopment, subject to receipt of the relevant planning and freeholder consents required. Purchasers should make their own enquiries with Gateshead Council’s planning team as to the future uses of the premises.
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