Development Opportunity

A fantastic development opportunity located close to the heart of Low Fell at the top of Belle Vue Bank, with planning permission for a full office downstairs covering both shops ground floor and 3 apartments upstairs. The location allows immediate access to the good shopping, leisure and travel facilities available within Low Fell.

The site is currently occupied by two shops with accommodation over and extends to approximately 110 square metres. The planning permits the demolition of the existing buildings and construction of two, three storey new homes each with approximate frontage of 6.39m and depth of 6.73m. Full details are available on the local authority planning portal using reference DC/22/00010/FUL. The date of the permission was 28 November 2022.

The current owner has recently prepared an alternative scheme providing three homes but no planning application has been submitted for this scheme. Details are available upon request. The buyer will have the option of developing as per the existing scheme or approaching the local authority with an alternative scheme.

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

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 31 October 2024 OPTION 1

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.

Disclaimer 4
We are advised by the seller that the property has mains provided gas, electricity, water (medium risk of surface water flooding) and sewerage.

The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.

Ofcom website states the average broadband download speed of 19Mbps and the fastest package of 1000Mbps at this postcode: NE9 6BQ and mobile coverage is provided by EE,(limited indoor data) Three (limited indoor data), 02 and Vodaphone