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For Sale By Auction | 13:00, 19 November 2020 | Lot 31

Land @ Former Greyhound Stadium, Merrington Lane / Front Street, Spennymoor, County Durham, DL16 7RS

Sold £374,000

  • Land
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 19/11/2020

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Residential Development Opportunity – Site Area Approximately 5.3 Acres (2.4 Ha) - Lapsed Consent For 100 Residential Units

Description 5.3 acre residential development site with lapsed outline planning consent for 100 dwellings.. The site is the former Spennymoor Greyhound Stadium which is predominantly flat and cleared of all buildings and is currently overgrown. The site is bounded by “Daisy Fields” to the west an area of open space, the A688 to the north, Front Street to the east and Merrington Lane to the south. Planning The site benefits from lapsed outline planning consent for a 100 unit residential scheme providing a combination of 2 bedroom apartments and 2, 3 and 4 bedroom dwellings. The previous consent contained a Section 106 agreement requiring a reduced affordable housing provision of 20%, Durham County Council planning reference 7/2007/0704/DM renewed in 2013 reference 7/2012/0043/DM. Please refer to legal pack. Location The site is situated approximately 500m south of Spennymoor town centre and 6.5 miles south of Durham.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating n/a

Local Authority

Durham City Council

Additional Fees

Administration Charge - 2.4% inc VAT of the purchase price, subject to a minimum of £2400 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.