George F. White are pleased to present a commercial / roadside / employment development opportunity located in Killingworth, North Tyneside. The site amounts to approximately 16.3ac / 6.6ha, with an allocation for employment use.
The land edged blue has planning permission for an Aldi food store (class E). It is anticipated the site will be accessed from a newly installed junction over the land hatched black, subject to conclusion of planning and sale to Aldi.
The site is conveniently located for excellent connections to the A1 and A19.
A unique opportunity to acquire this versatile selection of properties, including a bright three-bedroom cottage with adjoining shop with workroom and a detached studio. All located in the heart of Belford Village. The properties would make an ideal investment for the right buyer.
· Unique investment opportunity
· Three-bedroom cottage
· Shop with adjoining workroom
· Detached studio
· Parking for multiple vehicles
Occupying a gross site area of 0.08 acres or thereabouts;
Vere Road Garage offers 2 no. vehicle repair workshops of traditional stone construction, incorporating ancillary office and WC facilities, providing aggregated internal floor space of circa 1,400ft2 (130m2). The site also benefits from an external surfaced access/parking area, which measures approximately 1,240ft2 (115m2 / 0.03 acres).
Additionally, to the rear of the operational workshop facilities is situated a further 600ft2 (56m2) of unsurfaced expansion land. The business and property is to be sold as a going concern and so all trade-related fixtures and fittings are intended to be included as part of the sale.
Business turnover for the financial year ending 31 March 2022 amounted to £176,531. Net profits over the past 3 year period have averaged at £85,407. Previous years’ financial accounts detailing the recent trading performance of the business can be made available upon request.
Furthermore, the size and layout of the site, combined with the residential character of the immediate locality may give rise to opportunities for alternative use development, subject to obtaining planning consent.
The vendor intends to sell a cleared site with vacant possession.
Currently, the site comprises a large bus depot with offices constructed between the 1900s and 1950s.
Vehicular access is from four entrances at the front; one of which extends through a covered canopy area. There is also access between the two office blocks at the front into the warehouse and there are also two access doors into the front yard.
The total available opportunity currently comprises three sites. One is a detached, single story, brick residential property known as Rose Cottage. The second is the adjacent former petrol station which encompasses a cleared concrete site apart from two detached brick garages. The third is the cleared, grass, site of the former Gateshead council offices which wraps round to face High Street and Springwell Road. The site could be suitable for a variety of uses subject to the correct planning permissions.
Send us a message using the contact form.