HANDS UP ALL YOU LAND DEVELOPERS

A plot of land of approximately 285 square meters where the former the Forge Tavern, Nestfields Street once sat, becomes available with outlined planning for a residential block of 8 apartments. The announcement of the Northern Treasury and the high number of Civil Servant jobs coming to the area, give great scope to parcels of land and development opportunities. Alternative planning may be suitable subject to any relevant consents been granted. Darlington Borough Council Planning Ref: 19/00759/OUT All prospective buyers are asked to carry out their independent enquiries in relation to this. Darlington is having a huge amount of money invested into its railway station along with the forementioned Treasury and there is no better time to start looking at opportunities in the area. Nestfield Street is predominantly a residential area with a variety of dwellings and local amenities. Darlington College, Teesside University Darlington Campus and the Town Centre are all in walking distance, furthermore, With the announcement in recent months of a Freeport in Teesport and also that the area is to benefit from 750 civil servant jobs that will be moving to Darlington as part of the Northern Treasury, there really is no better time to be looking in the Darlington area for your next project / development. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (19th July), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 28 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on 01642 931060. Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms and documentation has been received at teesvalley@auctiohouse.co.uk. for any further assistance, please do not hesitate to contact us in the office.

Tenure

See Legal Pack

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Durham County Council

Solicitors

Freeman Johnson, 11 Victoria Road, Darlington, DL1 5SP, Ref: Edward Miller, Tel: 01325 466221

Additional Fees

Buyer's Premium - £1800 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.