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AGENT'S DETAILS


Fenced and surfaced storage compound, Conniston Road, Blyth, NE24 4RF

For sale: £175,000.00|Land, Retail, Industrial, Commercial Land

PROPERTY DETAILS

FOR SALE£175,000.00
ADDRESS49 Conniston Road, Blyth, NE24 4RG
TYPELand, Retail, Industrial, Commercial Land
TENUREFor Sale Leasehold
POSTED ON22nd October 2020

DESCRIPTION

Location
The site is located in the town of Blyth, a coastal town and the largest town in the County of Northumberland. Blyth is circa 20 km (12.5 miles) to the north east of Newcastle upon Tyne. The property sits in the heart of a main industrial centre of Blyth along the southern bank of the tidal estuary of the River Blyth. The eastern fringe of this area, nearest to the commercial centre of the town, has been redeveloped in recent years with many retail operations including the Blyth Retail park.

Description
The property comprises a former oil and petroleum distribution site. It is 0.43 acres (0.17 ha) in size and generally level and broadly rectangular in shape with good and dual access from Conniston Road. The site is mostly surfaced with good hardstanding and benefits from secure fencing to all boundaries. All of the equipment and installations associated with the former use will be removed from the site prior to sale. Once this has been completed, the site will present itself as a simple secure storage yard with little “on costs” to the eventual Purchaser.

Accommodation
There is no built space upon the site.

Planning Policy
The site is located in an area with a clear planning designation for “key and general” employment uses although it does sit at the fringe of this area where it abuts land that has been developed for retail and “quasi” retail uses. The area is Governed by Northumberland County Council. All interested parties should make their own enquiries to the appropriate planning department(s) at www.northumberland.gov.uk.

Services
It is understood that there is mains electricity, water and drainage connected to the site.

EPC
As there are no buildings, no EPC is required.

Tenure
The site is held on a Long Leasehold basis for a term of years expiring 16th September 2109. The lease is subject to a “peppercorn” rental payment. A copy of the lease can be made available upon request.

Rates
The site has a listed Rateable Value of £6,200.

Sale Price
The site is for sale at the guide price of £175,000 for the benefit of the leasehold interest.

VAT
As far as the Vendor is able to determine, the site is NOT registered for VAT.

Vacant Possession
The site will be sold with full vacant possession.

Legal Costs
Each party will pay their own legal costs in respect of this transaction. The Purchaser will be responsible for any Stamp Duty Land Tax liabilities.

Viewing
By prior appointment although all parts of the site can be seen from a roadside inspection. Interested parties should be advised that “Block” viewings are likely to be undertaken.

LOCATION

Location: 49 Conniston Road, Blyth, NE24 4RG

Cramlington (3.9 miles)

Pegswood (5.2 miles)

Morpeth (6.1 miles)

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