The Eagle, Berwick Hills, Middlesbrough

£139,950
  • Ref: 10228
  • Type: Land
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Property Features

  • Ideal development opportunity
  • Much scope for development
  • Suitable for residential building (STP)
  • Faces existing retail outlets
  • Also viable to reopen as a public house

Property Summary

Previously a well known and busy Public House, The Eagle sits in an ideal spot for redevelopment, most likely as residential properties, for which planning permission would be required.

Located in the heart of Berwick Hills, Middlesbrough, this property certainly needs to be viewed by any investor looking for a project with lots of potential.

Full Details

The vendor of this property appreciates the scope and nature of the potential project that could turn around what is on offer into a profitable development.

Therefore, the vendor is willing to work with a purchaser, from agreeing a sale to obtaining planning permission for chosen development.

This property is offered for immediate sale, should a purchaser wish to revert this building back to it's original use, there should be no reason that local council licensing would be withheld. Furthermore, should the purchaser look to develop the property, as a residential scheme, it is anticipated that such an application would be well received by the local council.

The total site extends to 0.3 of an acre, with the building being 557m2, we recommend viewing to fully appreciate the scope of potential for development.

PLEASE READ: FOR SALE BY AUCTION Auction North Ltd Emirates Riverside, Durham County Cricket Club, Chester-Le-Street, DH3 3QR. Thursday 21st March 2019. The property is to be sold by modern method of auction whereby on the fall of the hammer the buyer pays a non-refundable reservation deposit and is allowed 28 days to exchange contracts. After this the buyer is allowed a further 28 days to complete the transaction. In addition to the purchase price a buyer's premium of 2.5% + VAT (3% including VAT) is payable, subject to a minimum of £2,000 plus VAT (£2,400 including VAT