RESIDENTIAL DEVELOPMENT OPPORTUNITY
BROWNFIELD SITE EXTENDING TO 3.91 HECTARES (9.67 ACRES) OR THEREABOUTS
PRIME DEVELOPMENT LAND WITH OUTLINE PLANNING PERMISSION FOR 140 UNITS
NO AFFORDABLE HOUSING
CASTLETOWN WAY / RIVERSIDE ROAD, SOUTHWICK, SUNDERLAND, SR5 3JG
The subject site is located off Castletown Way / Riverside Road & North Hylton Road, within Southwick, Sunderland.
Southwick is a suburb of Sunderland located on the north side of the River Wear, approximately 2.7km north-west of Sunderland city centre. It offers excellent communication links via the A1231 (Wessington Way), a main arterial route into the city from the A19.
The site is set within a mainly residential / commercial / leisure location, with all local amenities and transportation links being offered close by.
The site was formally an extensive factory / warehousing facility with associated yard area.
All buildings have now been demolished offering a cleared area located on three separate levels with independent road access to each section.
The following approximate areas have been calculated:
Total Site Area 3.91 Ha (9.67 Acres)
(Full Legal Title and boundaries can be provided upon request)
The site benefits from an outline planning approval and redevelopment of 140 residential units and associated landscaping and access. The number of units and associated gross floor areas will be subject to a Reserved Matters approval.
For the purpose of the outline application, indicative plans have been produced indicating a development of circa 140 units.
The development will be subject to a number of conditions. There is a 106 Agreement for financial contributions relating to education and off site play provision. No affordable housing will be required.
The conditions are included on the Sunderland City Council website under planning reference 14/00292/OUT.
It is understood that all mains services are available adjacent or close to the site, however interested parties are advised to rely upon their own enquiries.
Offers are invited for the benefit of the freehold interest.
Each party to bear their own legal costs in the preparation and settlement of the sale documentation together with any VAT thereon.
All prices quoted are exclusive of VAT at the prevailing rate.