Well-Located Freehold Site Offering Continued Use or Redevelopment Potential (STP)

Key Features

• Situated just off Langley Moor High Street (A690), c. 2.5 miles south-west of Durham City Centre
• Convenient access via the A690, providing direct links to Durham, Sunderland and Newcastle upon Tyne, with regular bus services nearby
• Established mixed-use location with both residential and commercial occupiers and local amenities in the immediate area
• Currently used for the sale and display of static caravans, comprising a level, part-surfaced yard with modular and temporary buildings providing office and storage accommodation
• Freehold site offering potential for external storage, vehicle or caravan sales, or redevelopment (subject to planning)

Location

The property is located just off High Street (A690) on Littleburn Lane, in the heart of Langley Moor, a popular residential suburb approximately 2.5 miles south-west of Durham City Centre. The site sits a short distance behind The Station Pub, which stands on the corner of High Street and Littleburn Lane, and is within easy reach of a range of local amenities including Tesco Superstore (opposite) and Lidl (nearby).

Langley Moor is well-connected by road, with the A690 providing direct access to Durham, Sunderland and Newcastle upon Tyne, and regular bus services operating along the High Street.

Description

The site has historically been used for the sale and display of static caravans and is currently occupied by the same operator. It extends to approximately 1.30 acres (0.53 hectares) and comprises a secure, triangular-shaped compound with perimeter fencing and access from Littleburn Lane via a private access strip included within the freehold title.

The site is broadly level, sloping very gently towards the northern end, and is part-surfaced with a mix of tarmac, compacted hardcore and gravel, with some unsurfaced and landscaped areas. A number of single-storey modular and temporary buildings are positioned towards the southern end of the site, providing office and storage accommodation.

The property may suit continued use for external storage, vehicle or caravan sales, or offer potential for redevelopment, subject to obtaining the necessary planning consent.

It should be noted that some of the existing buildings may extend onto adjoining land outside the registered title boundary. The reason for this is unclear; however, several of the structures are of a temporary nature and would likely be cleared in the event of redevelopment. This has been reflected in the quoting size and price.

Site Area

Approximately 1.30 acres (0.53 hectares)

Tenure

Freehold – to be sold with vacant possession of the land within Title Number DU110826.

However, the vendor is open to remaining in occupation for a short period following completion, by way of a short-term occupational arrangement, while relocating the business, if this also suits the purchaser.

Services

We are advised that mains electricity and water are available. No gas supply is connected. Interested parties should make their own enquiries with the relevant utility providers regarding service provision and capacity.

Price

Offers in the region of £375,000 are invited for the freehold interest.

Business Rates

Rateable Value: £15,250 (effective 1 April 2023)
Estimated Rates Payable: £7,610

*Interested parties should confirm the accuracy of this information with Durham County Council.

VAT

All figures quoted are exclusive of VAT where chargeable.

Legal Costs

Each party to be responsible for their own costs incurred in this transaction.

Anti-Money Laundering Regulations

In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser.

About Us

Established in April 2017, Graham S Hall Chartered Surveyors are a highly regarded independent firm of Chartered Surveyors and commercial property agents based in Durham.

We are passionate about property and getting the best results for our clients. We pride ourselves on hard work and giving good honest advice, irrespective of the fee and even when it might not be what the client wants to hear.

While our focus is primarily on sales, lettings and acquisition of retail, office, industrial and investment, we also offer extensive experience in asset management, development and lease advisory, such as lease renewal and rent review.

Our main core areas of work include:

Leasing and letting
Sale and purchase
Investment sale and purchase
Lease renewal and rent review
Asset management
Development
Consultancy
Expert witness

However big or small, we are ready to help. Talk to us today.