Glasshouse Street, Newcastle Upon Tyne

Asking Price of £550,000
For Sale
Commercial Property

RESIDENTIAL DEVELOPMENT OPPORTUNITY WITH RIVER FRONTAGE, PLANNING PERMISSION FOR 9 TOWNHOUSES, GUIDE PRICE £550,000

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Call our office on: 01943 662662 or:

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LOCATION
The site is located on Glasshouse Street in St Peter's Basin, immediately east of Newcastle City Centre.

DESCRIPTION
The site is level and rectangular in shape with river frontage and sits within a predominantly residential area. To the north and east of the site are two storey residential properties which form part of the St Peter's Basin development, a residential scheme constructed in the 1990s. To the west of the site is a commercial building occupied by Royal Marines Reserves.

ACCOMMODATION
PLANNING
Permission was granted (Ref 2012/0036/01/DET) for the erection of 9 three storey town houses, in two blocks, together with car parking and private gardens.

Block A, with river frontage, comprises four units with a gross build area of 547 sq m (5,885 sq ft).

Block B comprises five untis with a gross build area of 652 sq m (7,015 sq ft).

PRICE:
Guide price: £550,000

SERVICES
We understand the site benefits from all mains services. Purchasers are advised to make their own enquiries as to the availability, suitability and capacity of such services.

VIEWING
Strictly by appointment only, contact:-
Richard Heslop: 01943 662662
Or email richard@daleeddison.co.uk