Land For Sale £650,000
This is a rare opportunity to acquire a freehold development site with full river frontage within South Shields. The site measures approximately 0.56 acres and benefits from planning permission for new residential development comprising of thirteen residential apartments dated 14 October 2021. Each apartment has elevated river views and the top floor is comprised of three very spacious penthouse apartments. This is a superb location within close proximity of local facilities and enjoying uninterrupted views across the river Tyne.
Location
This is a superb level site with direct river frontage within South Shields, which is a very popular Market Town situate at the mouth of the River Tyne. Access is via Long Row, passing through Captains Wharf and the site is adjacent to the recent successful apartment development on Long Row. The site is extremely well located for access to the Town Centre, sea front and all local facilities, including the ferry across the Tyne. The apartments will overlook the recent residential developments within North Shields, on the northern bank of the river. There has been substantial investment and residential development on the South Shields riverside, with Cussins having recently launched the first release of town houses on their Holborn Riverside project.
Planning
Planning permission was obtained on 14/10/2021 for 'Proposed new residential development comprising of 13 no. residential apartments with associated works including car and cycle parking and landscaping'. Full details are available on the South Tyneside planning portal under reference ST/0693/20/FUL, including approved plans. The design includes car parking on the ground floor with three floors over. There are five flats to each of the first and second floors and three penthouses on the third floor. Any proposed amendments to these drawings will be the responsibility of the buyer. Subject to plannng considerations, it may be feasible to utilise the third floor for five apartments rather than three. Prospective buyers must satisfy themselves with regard to all planning and construction matters. We are currently unaware if any of the planning conditions have been satisfied and prospective buyers must make their own enquiries.
Services
The site is located in a built up area and we expect that mains services will be available nearby but prospective buyers must make their own enquiries and satisfy themselves regarding all services.
Site Area
This is a level site of around 0.56 acres with vehicular access from Long Row and direct frontage to the River Tyne. We are not in possession of any site surveys or investigations and are currently unaware if any have been undertaken. Prospective buyers must satisfy themselves and if necessary commission investigations themselves. The site area is taken from LandInsight and we have not measured the site physically. We are in possession of Land Registry site plan and this is available for inspection.
VAT
We are informed by our clients that they have corresponded with HMRC and VAT is not chargeable on this site.
Tenure
We are selling the site upon behalf of the LPA Receivers and are advised that the freehold title to the site will be transferred upon completion.
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
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, Surveys and Valuations. Call now on[use Contact Agent Button]
The design drawings show car parking on ground level, beneath the apartments.
Material Information
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:
Location
This is a superb level site with direct river frontage within South Shields, which is a very popular Market Town situate at the mouth of the River Tyne. Access is via Long Row, passing through Captains Wharf and the site is adjacent to the recent successful apartment development on Long Row. The site is extremely well located for access to the Town Centre, sea front and all local facilities, including the ferry across the Tyne. The apartments will overlook the recent residential developments within North Shields, on the northern bank of the river. There has been substantial investment and residential development on the South Shields riverside, with Cussins having recently launched the first release of town houses on their Holborn Riverside project.
Planning
Planning permission was obtained on 14/10/2021 for 'Proposed new residential development comprising of 13 no. residential apartments with associated works including car and cycle parking and landscaping'. Full details are available on the South Tyneside planning portal under reference ST/0693/20/FUL, including approved plans. The design includes car parking on the ground floor with three floors over. There are five flats to each of the first and second floors and three penthouses on the third floor. Any proposed amendments to these drawings will be the responsibility of the buyer. Subject to plannng considerations, it may be feasible to utilise the third floor for five apartments rather than three. Prospective buyers must satisfy themselves with regard to all planning and construction matters. We are currently unaware if any of the planning conditions have been satisfied and prospective buyers must make their own enquiries.
Services
The site is located in a built up area and we expect that mains services will be available nearby but prospective buyers must make their own enquiries and satisfy themselves regarding all services.
Site Area
This is a level site of around 0.56 acres with vehicular access from Long Row and direct frontage to the River Tyne. We are not in possession of any site surveys or investigations and are currently unaware if any have been undertaken. Prospective buyers must satisfy themselves and if necessary commission investigations themselves. The site area is taken from LandInsight and we have not measured the site physically. We are in possession of Land Registry site plan and this is available for inspection.
VAT
We are informed by our clients that they have corresponded with HMRC and VAT is not chargeable on this site.
Tenure
We are selling the site upon behalf of the LPA Receivers and are advised that the freehold title to the site will be transferred upon completion.
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
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, Surveys and Valuations. Call now on[use Contact Agent Button]
The design drawings show car parking on ground level, beneath the apartments.
Material Information
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:
