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Land East Of Lingfield Point, Darlington

For sale: POA|25 Acre|General Industrial, Land, Industrial, Commercial Land

PROPERTY DETAILS

FOR SALEPOA
SIZE25 Acre
ADDRESSLand East Of Lingfield Point, Darlington, County Durham, DL1 1RW
TYPEGeneral Industrial, Land, Industrial, Commercial Land
TENUREFor Sale Freehold
POSTED ON22nd March 2021

DESCRIPTION

Key Points

  • Sought after location;
  • Planning potential for roadside, car showrooms and residential;
  • Site allocated for B1, B2 and B8 Uses;
  • Site area approximately 25 acres (10.11ha);
  • Offers by 15th April 2021;
  • Summary

    FOR SALE - Excellent commercial development opportunity comprising c.25 acres

    Description

    The site is extends to 25 acres and is roughly rectangular in shape and generally flat with scrub grassland coverage. The site is adjacent to the 107 acre Lingfield Point Business Park, and the new Amazon 1,500,000 sq. ft. logistics warehouse. The Amazon development is being delivered on the 90 acre Symmetry Park site which is directly to the east of the subject site. To the north the site abuts an established secondary industrial estate which includes a mix of light industrial and storage uses, whilst to the north in the B6279 ‘Tornado Way’ with agricultural fields beyond.

    Location

    The site is located to the eastern edge of Darlington Town Centre adjacent to Symmetry Park and Lingfield Pont. Darlington is a town within the Tees Valley area located approximately 40 miles to the south of Newcastle upon Tyne and approximately 16 miles to the west of Middlesbrough. Darlington benefits from excellent transport links with a station on the East Coast railway line meaning London Kings Cross can be accessed within 2 ½ hours and Newcastle City Cent in ½ an hour. The site also has excellent road links with the A1(M) and A19 being easily accessible via the A66 which is less than ½ a mile from the site.

    Planning

    The site is allocated for Employment Use in the Darlington Core Strategy (Policy CS5), which includes the uses listed below, the site forms part of the wider Lingfield Area allocation which is recommended for mixed use development. • B1 Business: Offices (other than those that fall within A2), research and development of products and processes, light industry appropriate in residential areas; • B2 General Industrial: Use for industrial process other than one falling into class B1 (excluding incineration purposes, chemical treatment or landfill or hazardous waste); • B8 Storage or Distribution: including open air storage. Saved Policy S20 of the Core Strategy permits development relating to the sale of large items such as car garages providing there will be no material effect on amenities enjoyed by neighbouring occupiers, visual amenity or highway safety. Petrol filling stations and related roadside services will similarly be permitted within development limits provided there is no impact on residential amenity or highway safety. According to the policies map in the draft Darlington Borough Local Plan 2016 – 2036 the site is within the Development Limits and Main Urban Area for Darlington. It is also allocated under Policy E2 Promotion of New Employment Opportunities’. This means that it has been identified as a site for new employment within use classes B1, B2 and B8, to meet employment needs over the plan period.

    Method of Disposal

    The site is to sold by way of an Informal Tender with bids to be submitted to Tom Asher tom.asher@savills.com or Ray Minto ray.minto@savills.com no later than noon Thursday 15th April 2021. Bidders are invited to submit a financial offer for the unconditional or conditional purchase of the site. Bidders are asked to provide the following information as part of their submission Interest: • Purchase Price; • Conditions attached to offer; • Proposed time frame for achieving completion; • Purchaser details including a brief summary of track record; and • Written confirmation of the source of funding and any conditions attached to funding;

    VAT

    We are advised the vendor has not elected to pay VAT on this site.

    Legal and Surveying Fees

    Each party is to be responsible for their costs incurred in the transaction. The successful bidder will be responsible for any reasonable abortive legal and surveying costs. A 10% non-refundable deposit will be required upon exchange of contracts.

    Viewings

    Interested parties wishing to view the site are asked to provide prior notification to Sole Selling agents Savills before viewing.

    LOCATION

    Location: Land East Of Lingfield Point, Darlington, County Durham, DL1 1RW

    Darlington (1.4 miles)

    North Road (1.6 miles)

    Dinsdale (2.3 miles)

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