The site is located on Mill Hill, North West Industrial Estate, Peterlee. Set within a mainly industrial area, the site offers excellent communication links via the A19 which lies approximately ¼ mile away. The A19 offers direct access both North and South and to the surrounding area. All main services and amenities are located a short distance away in Peterlee town centre. The exact location is shown on the attached plan.
The self-contained site is flat and broadly rectangular, offering a single secure point of access and egress directly onto Mill Hill, which is the main perimeter roadway through the North West Industrial Estate. The development land which is currently surfaced with grass and part landscaping offers a clear open space for development. Three quarters of the site benefits from a steep embankment boundary, with the remainder being secured by the adjacent occupier (Hexion UK Ltd) fence line.
From a computerised mapping system to the following area has been calculated :
Total site area 2.55 ha (6.31 acres) or thereabouts
Subdivision of the site may be considered with a minimum lot size of 3 acres.
We understand that the site benefits from all mains services which can be connected from the boundary of the site. (All parties should make contact with the relevant service providers)
The site is allocated for commercial employment uses falling within Class B1, B2 and B8. This site may be suitable of other uses outside of commercial employment, subject to satisfactory planning permission. All parties should direct their interest towards Durham Council planning department.
The site is held under freehold titles (DU137193 / 283731). Full details upon request.
Our client is seeking freehold offers in excess of £125,000 (One Hundred and Twenty-Five thousand pounds) per acre - Subject to Contract.
The Vendor has a large selection of technical information which may assist with any purchaser who is considering the development of this site. Full details upon request
VAT will be chargeable at the prevailing rate.
The Purchaser will be responsible for the Vendors reasonable legal costs in connection with any transaction.
By prior appointment with Frew Pain & Partners, contact:
James E F Pain
Or via joint agent