£200,000

Retail premises for sale

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Just added
Freehold

£200,000

(£14.76/sq. ft)

Retail premises for sale

Land At Church Street Retail Park, Murton, Seaham SR7

13,547 sq. ft

Local area information

Property location

Nearby amenities

  • St Joseph's Catholic Primary School, Murton 0.2 miles
  • Ribbon School 0.3 miles
  • Seaham 2.3 miles
  • Horden 4.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Prominent Main Road Position Adjoining New Co-op Food
  • Situated Close to A19, Dalton Park Outlet Mall and Jade Business Park
  • Planning Consent for 5,000 sq ft Retail Development Including 16 Parking Spaces
  • Connection to Newly Installed Drainage System
  • Established Gas, Electricity and Water Connections Nearby
  • Potential for a Range of Alternative Uses (Subject to Planning)
Description

Extending to approximately 0.311 acres, the site benefits from a frontage of c. 40m to Church Street.

The subject site formed part of a wider planning permission granted under Ref: DM/19/00579/fpa (2019). This consent included the adjoining Co-op store now complete and trading. Works have commenced on the remaining plot, where consent exists for a 5,000 sq ft (Class E) retail unit with 16 car parking spaces.

- Broadly level site with new vehicular access already installed
- Gas connection to the front boundary
- Electric ducting linked to the retail park
- Water connection on the eastern boundary
- Connected to newly installed drainage system including two attenuation tanks (1-in-1000-year standard)

Alternative uses may be suitable (subject to planning), including: Showroom, trade counter, warehouse, light industrial unit, healthcare / medical facilities, veterinary practice, residential development (the site previously had planning consent for residential use). Interested parties should make their own enquiries with DCC Planning Department.

Location

Murton is located in East Durham, just off the A19 north–south trunk road, and lies close to Seaham, Peterlee and Easington. To the east of the village lies Dalton Park Outlet Mall, which offers a wide variety of retail outlets, a Cineworld multi-screen cinema, pub diner, drive-thru, and restaurants, along with a large Morrisons supermarket.

Over the last decade, Murton has undergone significant residential growth, with planning consent recently granted for a further 1,500 new homes. To the south, the former Coke Works site is being redeveloped to create Jade Business Park, offering a range of commercial and industrial units.

Situation

The site occupies a prominent position on Church Street, the village’s main road linking Hetton-le-Hole and Easington Lane to the west with Seaham and the A19 to the east. It sits at the bottom of Woods Terrace, a semi-pedestrianised retail area from which the Co-op has recently relocated.

Dalton Park lies approximately 0.6 miles to the east, with Newcastle (20 miles), Durham (10 miles), and Middlesbrough (23 miles) all easily accessible by road.

Jade Business Park, a new 1 million sq ft scheme by Durham County Council, is within walking distance. Phase 1 (155,000 sq ft) is open and trading, with Phase 2 underway.

Tenure

The property is offered freehold, subject to a contribution towards maintenance of shared/common areas including roads, lighting and the underground drainage system.

Terms

Offers in the region of £200,000 are invited for the benefit of our clients freehold interest.

Alternatively, the vendor may consider delivering a completed scheme on a design and build basis for an occupier.

VAT

The vendor has elected to tax, therefore, VAT will be chargeable on the purchase price. All prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.

Legal Costs

Each party to be responsible for their own costs incurred in this transaction.

Anti-Money Laundering Regulations

In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.

Agent Note

A partner in this practice has an interest in this property.

About Us

Established in April 2017, Graham S Hall Chartered Surveyors are a highly regarded independent firm of Chartered Surveyors and commercial property agents based in Durham.

We are passionate about property and getting the best results for our clients. We pride ourselves on hard work and giving good honest advice, irrespective of the fee and even when it might not be what the client wants to hear.

While our focus is primarily on sales, lettings and acquisition of retail, office, industrial and investment, we also offer extensive experience in asset management, development and lease advisory, such as lease renewal and rent review.

Our main core areas of work include:

Leasing and letting
Sale and purchase
Investment sale and purchase
Lease renewal and rent review
Asset management
Development
Consultancy
Expert witness

However big or small, we are ready to help. Talk to us today.

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Property descriptions and related information displayed on this page are marketing materials provided by - Graham S Hall Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Graham S Hall Chartered Surveyors for full details and further information.

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