Lady Park Farm, Lady Park, Gateshead

Development site with five buildings and 14.78 acres close to Newcastle Upon Tyne. CLOSING DATE FOR OFFERS, THURSDAY 29TH MAY AT NOON.

This is a very rare opportunity to create a beautiful country home close to Newcastle Upon Tyne. The cottages, which are currently un-occupied and in need of renovation, are set out as a three bedroom cottage and a two bedroom cottage, with access between the two currently only on the first floor. The property will need complete renovation and planning consents for any significant alterations. The property is brick built and rendered with a slate roof and has parking areas to the rear and a large garden to the front.

The range of buildings has the potential for development into several residential units subject to the necessary consents. A neighbouring property does currently have a right of access from the main road behind the cottages to access their property, however it may be possible to create an alternative access. This is marked in green on the sale plan.

Lot 1: Former Farmhouse set out as two semi-detached cottages and land, in total 4.69 acres. Guide price: £400,000

Lot 2: Two steel framed buildings plus three stone
buildings and land, in total 2.92 acres.
Guide price: £320,000

Lot 3: 7.17 acres of grassland.
Guide price: £110,000

Directions
From the A1 north bound turn off at junction 67 and take the second left at the roundabout onto the Banesley Lane, signposted Lady Park. Follow this road for less than half a mile and Lady Park Farm will be onyour left hand side opposite a row of semi detached properties, just before the junction with Coach Lane.

Location
Lady Park Farm is perfectly located for commuting to Newcastle Upon Tyne, Durham and the surrounding areas. Located less than half a mile from the A1 and approximately 5 miles from Newcastle Upon Tyne, within a semi rural area, it is ideal for the creation of a spacious executive development.

Services
There is a water and electricity supply to both the
cottages and the buildings and two separate lectricty meters in the cottages. The water meter is located on the boundary of the property next to the access road. A Northumbrian Water asset plan is available upon request showing the main water and drainage pipes through the village. There is also a disused gas connection in one of the cottages and mains gas is available in the village. For the avoidance of doubt, buildings hashed grey on the building plan are not included in the sale and are owned by a third party.

Buildings

Building 1 (41m x 30m) Large steel framed building with a fibre cement roof, part block and part Yorkshire boarding and a concrete feed passage with feed rails. Building 2 (18m x 17m) Smaller steel frame building with fibre cement roof, part block and part Yorkshire boarding and handling pens. Building 3 (5m x 25m) Single story stone former dairy building with a slate roof and concrete floor. Building 4 (15m x 5m) Single story stone building with a wooden frame and partial concrete floor. Building 5 (10m x 18m) Former herringbone parlour building constructed of stone with a concrete floor, and with a first floor at one end.

Land

All the land is down to grassland and is currently registered for the Basic Payment Scheme. The mineral rights are excepted from the sale and are owned by a third party. The sporting rights are included in the sale in so far as we are aware.

Planning

The Local Authority is Gateshead Council. Full planning permission would be necessary to convert any buildings that are suitable and make any alterations to the existing dwellings.

Burdens

The property is sold subject to all rights including rights of way, whether public or private, rights of light, support, drainage, water and electricity supplies and other rights, obligations and easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether or not constituted in the title deeds or referred to in these particulars. The Buyers will be held to have satisfied themselves as to the nature of such burdens.