Property photos
Just added
Guide price
£140,000
Land for sale
Bede Street, Easington Colliery, Peterlee SR8Local area information
Property location
Nearby amenities
- Hope Wood Academy 0.3 miles
- Easington Colliery Primary School 0.6 miles
- Horden 1.7 miles
- Seaham 3.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Vacant possession
- Potential development
- Highly Desirable Area
- Provides a blank canvas for investors
Summary
We are delighted to present to the market an exclusive Development opportunity situated in the sought-after location of Peterlee.
This prime plot is currently offered with vacant possession, allowing purchasers immediate access for development. This provides a blank canvas for investors, presenting an opportunity to create a commercial or residential development in line with your vision and ambition.
On the table is a possibility for potential development which could encompass retail, industrial, or residential purposes, subject to relevant planning permission. Given the versatility of this corner plot, the site offers a robust model for numerous potential applications.
The location of Peterlee is highly desirable, an area witnessing rapid growth in recent years. The property is strategically positioned for ease of access to major transport links, thus promising great visibility, high footfall, and easy connectivity.
The layout of the building allows for maximum utilisation of the space and suits a variety of layout plans. So whether you are planning a multi-storey commercial complex or a residential community, there are virtually limitless possibilities.
Please note, prospective purchasers are advised to make their enquiries with the local planning authority to determine the exact permissions required for their intended use.
The current vendor has commissioned concept plans for potential development of the property. These plans are indicative only and do not constitute approved development. Prospective purchasers are advised that it is their responsibility to undertake their own due diligence, including but not limited to confirming any planning approvals, zoning requirements, and development potential with the relevant authorities. No warranties or representations are made by the vendor or agent regarding the likelihood of development approval.
Location
The location of Peterlee is highly desirable, an area witnessing rapid growth in recent years. The property is strategically positioned for ease of access to major transport links, thus promising great visibility, high footfall, and easy connectivity.
Accommodation
On the table is a possibility for potential development which could encompass retail, industrial, or residential purposes, subject to relevant planning permission. Given the versatility of this corner plot, the site offers a robust model for numerous potential applications.
The layout of the building allows for maximum utilisation of the space and suits a variety of layout plans. So whether you are planning a multi-storey commercial complex or a residential community, there are virtually limitless possibilities.
Tenure
Freehold. Title number DU236395
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
We are delighted to present to the market an exclusive Development opportunity situated in the sought-after location of Peterlee.
This prime plot is currently offered with vacant possession, allowing purchasers immediate access for development. This provides a blank canvas for investors, presenting an opportunity to create a commercial or residential development in line with your vision and ambition.
On the table is a possibility for potential development which could encompass retail, industrial, or residential purposes, subject to relevant planning permission. Given the versatility of this corner plot, the site offers a robust model for numerous potential applications.
The location of Peterlee is highly desirable, an area witnessing rapid growth in recent years. The property is strategically positioned for ease of access to major transport links, thus promising great visibility, high footfall, and easy connectivity.
The layout of the building allows for maximum utilisation of the space and suits a variety of layout plans. So whether you are planning a multi-storey commercial complex or a residential community, there are virtually limitless possibilities.
Please note, prospective purchasers are advised to make their enquiries with the local planning authority to determine the exact permissions required for their intended use.
The current vendor has commissioned concept plans for potential development of the property. These plans are indicative only and do not constitute approved development. Prospective purchasers are advised that it is their responsibility to undertake their own due diligence, including but not limited to confirming any planning approvals, zoning requirements, and development potential with the relevant authorities. No warranties or representations are made by the vendor or agent regarding the likelihood of development approval.
Location
The location of Peterlee is highly desirable, an area witnessing rapid growth in recent years. The property is strategically positioned for ease of access to major transport links, thus promising great visibility, high footfall, and easy connectivity.
Accommodation
On the table is a possibility for potential development which could encompass retail, industrial, or residential purposes, subject to relevant planning permission. Given the versatility of this corner plot, the site offers a robust model for numerous potential applications.
The layout of the building allows for maximum utilisation of the space and suits a variety of layout plans. So whether you are planning a multi-storey commercial complex or a residential community, there are virtually limitless possibilities.
Tenure
Freehold. Title number DU236395
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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