• DEVELOPMENT OPPORTUNITY

 

  • GIA – 276.45 M² (2,973 SQ FT) OR THEREABOUTS

 

  • SUITABLE FOR A VARIETY OF USES, SUBJECT TO PLANNING

 

  • BUSY MAIN ROAD FRONTAGE

 

  • OFFERS INVITED FOR THE FREEHOLD INTEREST

406 – 408 STAMFORDHAM ROAD, WESTERHOPE, NEWCASTLE UPON TYNE, NE5 5HE

LOCATION

The subject property is located on Stamfordham Road, one of the western arterial roads serving Newcastle City Centre. The property is located approximately 3.0 miles from the centre of Newcastle and 0.5 miles from the A1(M) which provides access both north and south throughout the region.

The surrounding area is a mainly established mixed residential area although Stamfordham Road is a popular neighbourhood shopping area which is close to a range of local facilities and amenities.

 

DESCRIPTION

The property is a former Cinema which is currently used as a Bingo Hall. Having main road frontage onto Stamfordham Road the property has potential for conversion or development to a range of uses subject to receipt of planning approval.

 

ACCOMMODATION

From onsite measurements the following

areas have been calculated (GIA):

 

First Floor Gallery:      57 m²          (615 sq ft)

 

GIA                    276.45 m²           (2,973 sq ft)

 

PLANNING

The property has potential for conversion or redevelopment for a range of uses  subject to receipt of planning approval.

 

 

 

 

 

 

SERVICES

We understand that all mains services are connected.

 

(All interested parties should satisfy themselves with the local service providers).

 

RATING LIABILITY

From verbal discussions with the Local Rating Authority it is understood that the premises have been assessed at RV £8,900.

 

TENURE

Freehold with vacant possession.

 

ENERGY PERFORMANCE CERTIFICATE

Full details upon request

 

PRICE

Offers are invited for the benefit of the freehold interest with vacant possession. Please note that our clients are not obliged to accept the highest or any offer, without prejudice and subject to contract.

 

COSTS

The purchaser will be responsible for any legal / professional fees together with any VAT thereon incurred in the preparation and acquisition of the property.

 

VAT

All prices quoted are exclusive of VAT at the prevailing rate.

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FOR SALE