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Land for sale

POA

Worsdell Drive, Gateshead NE8

22,216 sq. ft*
Interested in this property? Call +44 191 228 6166 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Property Description

The property comprises a Grade II listed former warehouse and engine repair shed with associated adjoining land. Access comes via the existing Ochre Yards development.

The building is broadly rectangular in shape and is of traditional brick construction surmounted by pitched roof. Accommodation is arranged over two storeys with the upper level providing a large open warehouse space and the lower level providing storage and office accommodation.

The proposed redevelopmof the existing building and sub-divide it to provide a range of apartments and car parking. Alternative redevelopment options may also be available.

An information pack setting out plans and background details on the property is available from the joint agents.

Location

Ochre Yards is a high quality modern apartment led residential development prominently situated on the southern bank of the River Tyne. The development is within walking distance of both Gateshead and Newcastle’s centres.

Block 2 Ochre Yards, is prominently situated at the front of the scheme on Rabbit Banks Road. The property’s elevated position affords views across the Tyne Gorge towards the Bridges, Newcastle and the world famous Quayside area.

Access into the site comes from High Level Road which in turn feeds into A184 (Askew Road) providing a direct link to Gateshead town centre, the Tyne Bridge and the A1 Western by-pass. The site therefore easily connects to the wider Tyneside conurbation.

Pedestrians can also use the High Level Bridge which runs adjacent to the site and provides a direct link back towards Newcastle city centre. The site is also within walking distance of the main amenities around Newcastle/Gateshead Quayside.

Terms

The Joint Agents are instructed to seek offers for the property by way of an Informal Tender. Offers are sought for the freehold interest in the property and should be submitted in writing no later than 1pm, Friday 15th September 2017.

Offers should be submitted in writing to Cushman & Wakefield and include details on the following:

-Proposed Purchase Price
-Intended Use
-Any conditionality associated with the Purchase Price
-Timetable for satisfaction of any conditions, exchange and completion
-Details of how the purchase will be funded.

Our client is not obliged to accept the highest or indeed any offer for the property.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Cushman & Wakefield, NE1 on +44 191 228 6166 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cushman & Wakefield, and do not constitute property particulars. Please contact Cushman & Wakefield for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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