Border Pine Aesica Road Haltwhistle , Northumberland NE49 9DE England

For Sale £245,000

Property Details

Border Pine Aesica Road Haltwhistle , Northumberland NE49 9DE England

For Sale £245,000
Commercial Large
Description

Border Pine, Haltwhistle

Commercial Large - Haltwhistle Northumberland

 


Please add your images to gallery above this line by clicking the ‘Remove Me’ image and then the small pencil icon – you can then remove the image and this text.

Property overview

The Border Pine Building, Haltwhistle

A very large former industrial building previously used as a wood workshop with full planning permission for conversion to 14 town centre apartments.

The capacious accommodation is arranged over three floors and extends to approximately 18,000 square feet.

The project as envisaged allows for the conversion of the existing building without the need for demolition of the existing structure. It is proposed that the small single-storey flat-roof extension would be demolished creating more space at street level and allowing for a glass wall to be constructed to part of the east elevation which would allow natural light into the communal areas of the building.

Each apartment has 2 bedrooms and an open plan kitchen, dining and living room.

The completed building will have 6 apartments on the first floor and 6 apartments on the second floor. There will be a further 2 apartments on the ground floor together with a large area set aside for private parking.  Further parking will be on-street.

The property is conveniently located just off the main street which has a number of shops and amenities.

Although vacant, the building produces an income of £5,000 per annum from two telephone masts located on the roof of the building.

It is anticipated that once the project has been finished when fully occupied, the property could produce a rental income of approximately £70,000 per annum.

Once the property has been purchased a developer could also consider selling off-plan the individual flats which would help generate income to fund the project.

Ground Floor

The ground floor is currently separated into offices, a show room and large workshops to the rear with vehicle access door to the side.

Ground Floor plan

First Floor

Accessed via stairs from the ground floor, mainly open plan space, store rooms, windows to all aspects and stairs to:

First Floor Plan

Second Floor

Open plan with skylights and storage spaces.

Services

Mains Electricity, Water and Drainage.

There is 3 phase electricity supplied to the property. A mains gas supply is also supplied to the building, but the meters have been removed.

Tenure

We are advised by the vendor that the property is freehold and it is sold with vacant possession.

Additional Information

The property is offered for sale free of any covenants or clawbacks in the event of an increase in value following re-development.

The vendor is also open to the possibility of entering a joint-venture whereby the buyer would commit to convert the property in exchange for, say, three finished apartments.

Local Information

Haltwhistle is popularly known as “The Centre of Britain” and has a wide range of shops & amenities. The property is within walking distance of the town centre from where there are regular bus & rail links.  The famous Roman Wall and other Historical visitor’s centres are just a couple of miles to the North.  Situated 10 miles east of Brampton.

 

Directions

From our Haltwhistle office, drive East towards the town centre. Turn left onto Aesica Road and the property can be found about 100 yards on the left hand side.

VIEWINGS

are strictly by prior appointment with the sole agent,

PENNINE WAYS LTD.

To arrange an appointment, please call

Haltwhistle 01434 322277, Alston 01434 381808 or Carlisle 01228 595912

To view more of our properties for sale or to let, please check our website www.pennine-ways.co.uk

FREE MARKET APPRAISALS

We will be pleased to provide unbiased and professional advice without obligation on the marketing & current value of your present home. Just contact one of our offices to request a valuation.

Pennine Ways Ltd for themselves and for the vendors or lessors of this property whose agents they are give notice that (1) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract, (2) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them, (3) no person in the employment of Pennine Ways Ltd has any authority to make or give any representation or whatever in relation to this property. May we also courteously advise that whilst every care is taken to ensure the accuracy of the measurements in these details, please do not incur any expense until you have verified the sizes to your own satisfaction.

 

 

Property Features