Straker St - Former Allison Arms Site 0.38 Acres of Commercial Land Offered at £300,000 in Jarrow NE32 3HF

INVESTMENT HIGHLIGHTS

  • Excellent roadside development opportunity
  • Prominent frontage on established trading estate
  • Potential for alternative uses subject to planning

EXECUTIVE SUMMARY

Freehold is available for vacant possession. The site benefits from planning permission for car sales. Potential exists for alternative uses and we recommend all interested parties to complete their own due diligence with the relevant local authority.

PROPERTY FACTS

Price £300,000
Sale Type Investment
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Office
Total Lot Size 0.38 AC

1 LOT AVAILABLE

Lot

Price £300,000
Price Per AC £789,473.68
Lot Size 0.38 AC

The site is currently used as an open-air car dealership, with the surrounding uses including retail and light industrial. The adjacent plot to the east of the subject comprises a terrace of small counter units.

DESCRIPTION

The site extends to 0.38 acres (0.15 hectares) and is flat. It is currently secured by fencing to all boundaries. Access into and out of the site is provided via an entrance road from Bedesway, accessed from Bede Industrial Estate, connecting to the A185 along the north boundary of the site.

  • Listing ID: 25772890

  • Date on Market: 24/05/2022

  • Last Updated:

  • Address: Straker St, Jarrow NE32 3HF