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  3. Blaydon

Chainbridge Rd

Commercial land for sale

8.33 acres

Savills
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Contact name

David Craig - Savills

Full address
Chainbridge Rd, Blaydon On Tyne NE21 5AB – Blaydon
Highlights
  • Excellent mixed use development opportunity
  • Prominent site with good road links
  • Convenient commuting distance to Newcastle city centre
  • Site area 3.37 Ha (8.33 acres)
Property type
Commercial land for sale
Available space range
There is 1 space available. This measures 8.33 acres.
Brochure
Download the brochure

Lot details

Available

8.33 acres

Address Chainbridge Rd, Blaydon On Tyne, Tyne And Wear, NE21 5AB, GB
Size 8.33 acres
Address Chainbridge Rd, Blaydon On Tyne, Tyne And Wear, NE21 5AB, GB
Size 8.33 acres
Sale type Investment
Tenure Freehold
Sale conditions Redevelopment Project
Financial year 2018
Financial type Actual

Sale notes

  • The site has the benefit of outline planning permission for a retail/leisure development dated 26 october 2016 (ref: dc/16/01151/out).
  • However, our client is due to submit an outline planning application for a residential scheme comprising around 150 units in february 2019..

Property description

Excellent mixed use development opportunity, The site occupies a prominent position on Chain Bridge Road within Blaydon approximately 5 miles to the west of Newcastle city centre. Gateshead is located around 5 miles to the south east with Hexham 20 miles to the west. Blaydon benefits from excellent road links being accessed primarily via the A695 from the east and west and the B6317 from the south. The A1 is located a short distance to the east via Chain Bridge Road which provides access to the wider road network. Blaydon Station is situated 0.5 miles to the north of the site and provides regular rail, connections to Newcastle to the east and the Tyne Valley and Carlisle to the west., The site is extremely well located in terms of access to road links and local amenities. Chain Bridge Road connects directly to the A1 one mile the south east, with Blaydon Highway a short distance to the north of the site. Blaydon shopping centre is situated immediately to the west of Chain Bridge Road which accommodates a range of national retailers including Morrisons supermarket and filling station and B&M. Blaydon Leisure Centre is also located a short distance to the south east., Planning, The site has the benefit of Outline Planning Permission for a retail/leisure development dated 26 October 2016 (Ref: DC/16/01151/OUT). However, our client is due to submit an Outline Planning application for a residential scheme comprising around 150 units in February 2019., Our client is in discussions with Aldi in respect of circa 1.5 acres to the north western corner of the site. An indicative plan showing the location of the store is available on request., Bidders are therefore asked to submit two offers; one based on development of the whole site, with the other based on the development of the remainder of the site, extending to approximately 6.83 acres., Our client is willing to work with the preferred developer in respect of the submission of the Outline application, subject to appropriate timescales being agreed., Prominent site with good road links, Convenient commuting distance to Newcastle city centre, Informal sealed tenders due by noon Wednesday 6 March 2019, The land to be sold occupies a prominent position on Chain Bridge Road and extends to approximately 3.37 Ha (8.33 acres). It is relatively flat and is bounded by adjacent employment uses to the north, Chain Bridge Road to the west, mature trees to the south and playing fields to the west. The site benefits from its open aspect to the south west overlooking adjacent playing fields and Shibdon Local Nature Reserve beyond. The site currently accommodates the former Ikea depot buildings which are vacant and are anticipated to be demolished as part of any future planning application. The main building is located to the centre of the site, with a smaller building located to the eastern boundary. The site is currently served by an internal estate road which enters the site from the north and surrounds the main depot building. Vehicular and pedestrian access is currently via Chain Bridge Road from the north west; however, it is anticipated that the future primary access will be taken via a new junction opposite Shibdon Road from the western boundary.

Attachments

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This commercial land for sale is located in Blaydon.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Savills. Realla 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 Savills for full details and further information.