Former Nurseries Site, Jesmond Dene Road, Jesmond Dene, Newcastle upon Tyne, Tyne and Wear, NE2 2EY

Guide Price* : £4,000,000 plus

Upon Instructions of

  • Freehold for sale by informal tender
  • 6.7 acre site
  • Prime residential location
  • Largely cleared and level
  • Includes two houses, stables, offices and a leased real tennis court
  • Residential development opportunity
  • Full details are on www.lshauctions.co.uk

Addendum

The property is to be sold by informal best bid tender

Description

The property comprises a substantial and largely cleared and level site of approximately 6.4 acres, once home to the Newcastle City Council plant nurseries, until demolition and site clearance, leaving a generally hard surfaced level open site.
Adjacent to and fronting Castles Farm Road is a three bedroom two storey house together with an adjoining stone storage building.
At the other end of the property alongside the main access point and fronting Jesmond Dene Road are a cluster of buildings encompassing a stone stable block together with two facing rows of loose boxes with accommodation over and a lodge, once home to the mounted police, a brick office building and wooden office.
At the entrance to the site lies a well known country house hotel, and on the other side of Jesmond Dene Road a new residential development is nearing completion. About half of the rear boundary of the nursery site marked by a stone wall, lies adjacent to the Ouseburn River Valley Park with a back drop of mature trees.

Location

The city of Newcastle upon Tyne is located on the banks of the River Tyne and alongside the A1 and A19 trunk roads so providing easy access to the north and the south. The A69 runs east to Carlisle following the line of Hadrian's Wall. The city has a population of around 300,000 and has two leading universities with over 55,000 students, two major regional hospitals, a leading football club, and attracts over 20 million visitors a year.
The city has enjoyed much regeneration including the Quayside and ongoing Science Central redevelopment. The city lies on the main east coast rail line and is served by its own metro rail services and an international airport.
Jesmond Dene lies along the River Ouseburn just to the north of Newcastle city centre and is an attractive and popular residential suburb of around 12,000, within which are some of Newcastle's most desirable properties, many being substantial Victorian and Edwardian houses supplemented by new high end development. The area along the Ouseburn River Valley is designated a country park offering attractive river side walks.
The property occupies a prominent location with a long main frontage to Matthew Bank, one side fronting Jesmond Dene Road, the other Castles Farm Road and the rear boundary looking directly out over Jesmond Dene. There are three road access points, the principle one off Jesmond Dene Road shared with the adjoining Jesmond Dene House Hotel. On the opposite side of Jesmond Dene Road is La Sagesse, a new development of a historic property into high end houses and apartments.

Tenure

Freehold.

Planning Authority

Newcastle City Council (0191 278 7878) www.newcastle.gov.uk.

Planning & Development

The property lies in Jesmond Dene, a prime residential location in Newcastle, with new high end residential development taking place close by. The property lies within a conservation area, however subject to planning consent would appear to be suited to a low density high quality residential development. The vacant existing buildings already on site, offer an opportunity for redevelopment. There is also a real tennis court which is subject to a lease, and historic police stables, both being Grade ll listed.

Energy Performance Certificate

For EPC Rating please see legal documentation

Accommodation

Floor Use Accommodation
The former nursery site Vacant possession 6.4 acres
Timber building Vacant offices (poss site office) Ground floor with extension
Lodge building Former offices/staff Stone lodge
Stone stable block Grade ll Listed) Former police stables Stone stable block with first floor and office
Two wooden stable blocks Former stables Single storey
Nursery Cottage, Castles Farm Road Vacant house 3 bed, 2 reception, bath, wc and kitchen
Nursery House Vacant house 2 reception, kitchen/diner, 2 bedrooms and bath/wc
Various outbuildings

Contact

Vendor's solicitor

Newcastle Legal Services
Danielle Hadden
0191 211 5161
danielle.hadden@newcastle.gov.uk

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

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The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.


Office Contact

Contact
020 7198 2280

Vendor

Vendors Solicitor

Seller's Solicitors
0191 211 5161

Agreement Documents


Subject to Contract and Exclusive of VAT © Lambert Smith Hampton October 2019

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including 574, and their joint agents if any ("LSH") for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.