Main (Main)

Land For Sale £640,000
Albion Street, High Heworth


Description
This is an excellent opportunity to acquire a site with the potential for residential development in this popular residential area within High Heworth. Previously occupied by a building materials supplier, it could equally provide industrial/warehouse plus office accommodation for a variety of trade uses. The site area is around 0.84 acres and a positive pre-application response has been received from Gateshead MBC planning department. In our experience, demand for modern homes in this area is generally high and this site shows great promise for future sales.
Location
The site is located just off Albion Street, with access to Whitehill Drive close to where it adjoins High Heworth Lane. It has traded as McGoverns brick yard for many years and is known locally by that name. To the south and east there is much modern residential development, including a recent site by Linden Homes..
Tenancy
We are advised that the site was previously occupied by a tenant on a commercial lease. The tenant is no longer trading and the site will be sold with full vacant possession.
Planning and Consents
There is no current planning permission but the vendor did submit a pre application for the construction of 16 townhouses in April 2021. In it's detailed and very positive response, dated 16 July 2021, the Council Officer stated : 'In summary, it is my informal officer opinion that the redevelopment of this site for residential use would be acceptable in principle and I would therefore welcome the submission of a planning application for this, subject to consideration of the points set out below and provision of the relevant supporting information.'

The last commercial use was as a building materials supplier. Any purchaser wanting to occupy the site for their own use or investment must satisfy themselves as to all relevant planning consents and the existing restrictive covenant.

Prospective buyers must make all further enquiries and necessary applications themselves. A copy of the pre application response and also the OCE are available upon request.
Services
The site was until recently occupied and we understnd benefits from some service connections but no enquiries have been made regarding services suitable for the proposed development, or future occupation. Potential buyers must make their own enquiries and satisfy themselves regarding services.
Site Area
This is a largely level site of around 0.84 acres, which has been used for many years as a storage and distribution yard for building materials. No site surveys or investigations have been undertaken by the vendors and prospective buyers must make their own enquiries and commission any required surveys for themselves.
Buildings
The current buildings will remain upon the site either for occupation by the purchaser or demolition if development is to take place.
Proposed Development
We can provide scanned copies of drawings submitted with the pre application to the Council. The drawings show three blocks of town houses in an L shaped layout. Units 1 - 7 are in one terrace and comprise of 3 storey townhouses with lounge, kitchen/dining, gf wc, 4 bedrooms and 2 bathrooms. Units 8 and 9 are of the same design as 1-7 but are semi detached on larger corner plots. Units 10-16 are of two storey link houses comprising lounge, kitchen/dining, gf wc, 3 bedrooms and bathroom/wc. Externally, each unit has a car space and gardens. There are visitor spaces also shown on the drawings.

As detailed elsewhere, these were only indicative drawings for the purpose of submitting the pre planning guidance application to the Council. A full design exercise must be undertaken in order to comply with the necessary applications for planning and other required consents and this must be undertaken by the buyer.
Tenure
We are informed that the site is to be conveyed upon a freehold basis and we have copy OCE on file to verify this. There is currently a covenant in place over a small section of the land in favour of Gateshead MBC. Our clients have agreed terms with the council for the release of the covenant but this has not yet been processed. Full details are shown on the OCE and buyers should take specialist advice to satisfy themselves regarding this.
VAT
We are awaitig clarification but understand that the vendor has opted to tax on this site and VAT will be payable at 20% on the purchase price. VAT registered buyers should be able to reclaim this but must take specialist advice before proceeding to buy.
The Agent Of The North
Andrew Craig isThe Agent of the North and our specialist Land and New Homes Department deals with the sale and acquisition of development land and sites, together with the sale of new homes. Call us with details of your land requirements on[use Contact Agent Button] or email [use Contact Agent Button]
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.

EPC Rating: E

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