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80 Newgate Street, Bishop Auckland, County Du, County Durham, DL14

Development
For Sale
£650,000 for the Freehold

RARE DEVELOPMENT OPPORTUNITY

PLANNING PERMISSION FOR HOTEL OR RESIDENTIAL SCHEME

SITUATED WITHIN BISHOP AUCKLAND'S HERITAGE ACTION ZONE

EXCELLENT ROAD CONNECTIONS FROM THE A688 AND A68, WHILST BEING IN CLOSE PROXIMITY TO THE A1(M)

CLIENT WILL CONSIDER AN UNCONDITIONAL SALE OR JOINT VENTURE PROPOSALS

Chris Donabie

Interested in this property?
Please contact me

chrisd@naylorsgavinblack.co.uk 0191 232 7030
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Description

RARE DEVELOPMENT OPPORTUNITY - BISHOP AUCKLAND

SEEKING OFFERS OVER £650,000 exc VAT.

LOCATION

Bishop Auckland is an historic market town located in County Durham in the North East of England and is situated approximately 12 miles south west of Durham and 14 miles north west of Darlington.

DESCRIPTION

The grade two listed former Beales department store occupies a prominent position on Newgate Street and is spread over three floors offering approximately 55,000 sq ft. of accommodation. The site boundary extends to approximately 0.63 acres (0.25 ha).

PLANNING

Durham County Council granted outline planning permission for the site in December 2019. The Outline consent incorporates the following separate applications:

DM/19/02223/FPA: Change of use of former department store to 3 no. ground floor units with flexible A1/A3 use and 62 no. bedroom hotel, associated internal and external alterations and partial demolition.

DM/19/02221/FPA: Change of use of former department store to 3 no. ground floor units with flexible A1/A3 use and 27 apartments, associated internal and external alterations and partial demolition.