Sold £374,000
- Land
- Tenure: See Legal Pack
Call the team on 01772 772450 for more information
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
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.
