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RARE DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION, BISHOP AUCKLAND

For sale: POA|55,000 Sq Ft|Hotel, Flat, General Retail, Retail - High Street, Hotels, Residential, Retail, Licensed & Leisure

Property details

FOR SALEPOA
SIZE55,000 Sq Ft
ADDRESS80 Newgate Street, Bishop Auckland, DL14 7EQ
TYPEHotel, Flat, General Retail, Retail - High Street, Hotels, Residential, Retail, Licensed & Leisure
TENUREDevelopment Opportunity, For Sale Freehold
POSTED ON17th November 2020

Description

The property is situated within Bishop Auckland’s Heritage Action Zone which has been initiated to rejuvenate the town and to help regenerate it as an exciting place for locals, businesses and visitors. 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).

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.

Further information can be found on Durham County Council’s Planning Portal - https://www.durham.gov.uk/article/8276/Find-aplanning-application

Location

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Location: 80 Newgate Street, Bishop Auckland, DL14 7EQ

Bishop Auckland (0.2 miles)

Shildon (2.6 miles)

Newton Aycliffe (4.6 miles)

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