OPEN STORAGE / DEVELOPMENT SITE
TOTAL SITE AREA: 0.34 HECTARES (0.84 ACRES) OR THEREABOUTS
SUITABLE FOR A VARIETY OF USES SUBJECT TO PLANNING PERMISSIONS
NEW LEASE AT £15,000 P.A.
INCENTIVES AVAILABLE SUBJECT TO LEASE TERM AND COVENANT
STATION ROAD, HEBBURN, TYNE & WEAR, NE31 1LA
The site is situated in the centre of Hebburn, being approximately 5.5 miles south east of Newcastle upon Tyne City Centre and approximately 3 miles from the Tyne Tunnel.
The site is broadly level, being enclosed by a mixture of wire, timber and concrete panel perimeter fencing and is adjacent to a freight only railway line and the Metro railway line. The northern boundary abuts the Station Road railway bridge and the western boundary adjoins a surfaced car park. Access to the site is adopted highway, with gated access.
The site has a total area of 0.34 hectares (0.84 acres), or thereabouts.
It is understood that all mains services are available to the site.
(All interested parties should satisfy themselves with the local service providers).
From verbal discussions with the Local Rating Authority it is understood that the site will need to be reassessed upon occupation.
Freehold / Leasehold
The site maybe sold with development clawback provision in favour of our client for any future residential development, subject to the offer submitted – full details upon request.
Our client is seeking offers in the region of £15,000 pa.
Each party will be responsible for their own legal fees involved with the preparation of the lease.
All prices quoted are exclusive of VAT at the prevailing rate.