Properties
Tenure
Location
DURHAM STUDENT INVESTMENT – 1 St Hilds Lane, Durham, DH1 1QL
Durham is one of the world’s leading Universities boasting a ranking of 78 in the QS World University Rankings 2020.
34 double bedrooms rooms producing £196,040 (2018/2019) increasing to £198,640 (2019/2020)
Offers in excess of £2,450,000 are invited for the freehold interest of the property. A sale at this level reflects a yield of 7.52% assuming standard purchasers costs of 6.37%.
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Athelstan Court, College Business Park, Ripon, HG4 2RL
Ripon is an attractive cathedral market town located approximately 31 miles north of Leeds, 12 miles north of Harrogate and 27 miles west of York. Athelstan Court is located on the College Business Park which lies approximately 0.6 miles north west of Ripon town centre.
The building has a total net internal floor area of approximately 11,890 sq ft. There are also 70 dedicated car parking spaces. Total site area 1.87 acres (0.76 ha). Floor plans are available on request.
Considerable exploration has been done by the current owner regarding the ground conditions in the undeveloped land and this can made available to those with a serious interest in the site. Subject to prior approval being sought, we understand that temporary permitted development rights currently apply in respect of the office building and change of use of premises from a B1(a) office use to C3 residential use currently applies. Interested parties are urged to make their own enquiries in this regard. We are also expecting planning permission to be granted on the land to the north of the building for 8 units
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2 DARRAS ROAD PONTELAND NE20 9NH
Unit 1 comprising the ground floor of the original bank has planning permission for Class A3 (restaurant and café)/A5 (hot takeaway food) usage with floor area of approximately 132.76 sq m (1,429 sq ft).
Unit 2 comprises the new glass box extension overlooking the River Pont which also has Class A3 / A5
The first floor, with independent access from Darras Road, has planning permission for a spacious 3 bedroom apartment over two floors. The upper floors can also be retained as office accommodation if desired.
Alternatively, the whole building, including all three sections can be occupied by a single tenant.
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LAND WITH PLANNING PERMISSION FOR 43 BEDROOMS ACROSS 27 APARTMENTS – Nelson’s Yard, Holly Street, Durham City, DH1 4ER
Durham is one of the world’s leading Universities boasting a ranking of 78 in the QS World University Rankings 2020. In addition to a Top 100 World University status, Durham is also a major tourist attraction. The city accommodates several World Heritage Sites including Durham Cathedral and also benefits from its excellent leisure, retail and nightlife offer making it a prime student destination.
Comprising a site area of approximately 0.28 acres with planning permission for the construction of an apartment block including 27 one and two bedroom apartments totalling 43 bed spaces
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Land at Netherton Park, Stannington, Northumberland
**OFFERS INVITED BY 1 NOVEMBER 2019**
A residential development site with an outline planning consent for up to 77 homes with no affordable housing requirement. The site was formerly part of the Netherton Park Childrens Home, but following the closure of all but the secure unit, the surplus land is now being offered for sale by the Netherton Park Trustees. The site is shown edged red on the plan and comprises a mixture of undeveloped grassland and derelict buidings that will require demolition. The consent is outline
in all respects other than access. There will be no affordable housing requirement on site, nor any commuted sum towards off site affordable housing provision. The site extends to approximately 21.2 acres gross with a net site area of approximately 17.1 acres.
- Location: Northumberland
- Tenure: Freehold
- Footage: 923,472 sq ft
- Price: Offers invited by 1 November 2019
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90 Front Street East, Bedlington, Northumberland, NE22 5AE
The property comprises two ground floor retail units, with a very well presented 3-bedroom flat on the upper floors and off-street car parking to the side of the building.
The property is of pre-war tradition construction, with brick elevations under a pitched slate roof. Ground floor 90a comprises solid carpeted flooring, suspended ceiling with recessed lighting, electric rollershutter with kitchen and WC to the rear.
Ground floor 90b is currently occupied by a dog grooming company at £7,000 per annum. The flat is accessed to the side of the building and comprises a well-presented and good sized 3-bedroom flat, with kitchen, lounge, bathroom and 3 bedrooms with full wet heating system, modern boiler and thickened, single glazed sliding sash windows.
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Albion House, St James Street, Newcastle upon Tyne, NE1 4NF
City Centre Student Residential Investment entirely let to Newcastle University until September 2019
Comprising 56 bedrooms, including 8 studio apartments
Located in the heart of Newcastle City Centre very close to both Newcastle and Northumbria Universities
Situated in a vibrant city centre location close to Eldon Square Shopping Centre, China Town and The Gate providing an excellent mix of bars and restaurants
Rental income of £309,046.70 per annum with a projected income of £349,350 for academic year 2019/2020.
Freehold
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21 Ellison Place, Newcastle upon Tyne, NE1 8XG
End terrace Georgian property of traditional construction with brick external walls under a pitched slate roof
To be sold with vacant possession providing an excellent opportunity to redevelop
Total floor area of approximately 6,660 sq ft
Seeking offers in excess of £880,000 reflecting a capital value of approximately £133 psf
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9-11 & 13 St James Street, Newcastle upon Tyne, NE1 4NF
Excellent development potential
Period office building extending to approx 6,100 sq ft over 4 four floors
Located within Newcastle city centre close within close proximity to Newcastle University and Eldon Square Shopping Centre
Seeking offers in excess of £685,000 reflecting a capital value of approximately £112 psf
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Residential Investment, 5-8 St James Street, Newcastle, NE1 4NF
The Property comprises four fully refurbished Grade II Listed Georgian terrace properties. The Property has been sensitively refurbished to comply with Listed Building Consent and provides twelve self-contained apartments with 43 bedrooms.
The property is located a short walk from the new Science Central development as well as Newcastle University’s state of the art Business School on Barrack Road. The property is also very close to the RVI Hospital, Eldon Square Shopping Centre, China Town and The Gate.
We are instructed to seek offers in excess of £4,000,000 for our client’s freehold interest, subject to contract and exclusive of VAT.
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Scottish Provident House, Mosley Street, Newcastle upon Tyne, NE1 1YF
Substantial Grade II Listed building over part basement, part ground, first, second, third and fourth floors occupying approximately 16,367 sq ft
Scottish Provident House is prominently situated on the corner of Mosley Street and Cloth Market in Newcastle City Centre
The property would be suitable for a scheme of refurbishment works or conversion to residential, subject to the relevant planning and listed building consent
We are instructed to seek offers in excess of £900,000 (exclusive of VAT). A purchase at this level would reflect a low capital value of approximately £54.99 psf.
- Location: Newcastle-upon-Tyne
- Tenure: Freehold
- Footage: 1520 sq m / 16,367 sq ft
- Price: Seeking offers in excess of £900,000
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