Offers over

£595,000

Property for sale
Prospect Terrace, Springwell Village, Gateshead NE9

    Freehold
    Added on 23/04/2026

    About this property

    • For Sale

    • Development Opportunity

    • Former Co-op Store, House and Licenced Premises

    • Car Parking and Secure Courtyard

    • Potential for conversion or redevelopment STPP

    • Site Area: 0.16 Hectares (0.4 Acres)

    • Guide Price: Overs over £595,000

    For sale - A three terraced stone-built buildings which form part of site extending to approximately 0.16 Hectares (0.4 acres) or thereabouts.

    Location

    The property is located in Springwell Village which lies approximately 2.5 miles to the south west of Gateshead. Prominently positioned on the corner of Springwell Road and Windsor Road, the site has two dedicated entrances from the main highway.

    Description

    The property comprises three terraced stone-built buildings which form part of site extending to approximately 0.16 Hectares (0.4 acres) or thereabouts.

    The main building on the northern end of the terrace is a substantial two storey former Co-op Store which until recently has been used as offices and stores. To the rear is a large courtyard benefitting from vehicular access from Windsor Road. There are two good size brick-built outbuildings within this area.

    There is a mid-terraced three-bedroom two storey plus attic house with enclosed yard to the rear and a two Storey end Terraced former Pub benefitting from adjoining dedicated vehicular access from Springwell Road and a car park to the rear.

    Planning

    The property has potential for conversion or redevelopment for various residential or commercial uses subject to receipt of planning permission.

    Interested parties should obtain further information from the Local Planning Authority at Sunderland City Council.

    Tenure

    The property is subject to three freehold titles. The title numbers are:

    Price

    The whole site is available at offers over £595,000..

    Legal Costs

    Each party will be responsible for their costs in the transaction.

    Energy Performance Certificate

    The EPC rating for the property is * (*). A full copy of the report is available upon request.

    Property Redress Scheme

    R A Jackson & Son llp are part of The Property Ombudsman. Membership number T01923.

    Rating Liability

    According to the Valuation Office Agency (voa) website and the premises has a Rateable Value of £

    Vat

    All prices quoted are exclusive of VAT at the prevailing rate.

    Money Laundering

    In accordance with the Anti-Money Laundering Regulations the Purchaser / Tenant will be required to provide two forms of identification and proof of the source of income.

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    Monthly repayment

    £2,976 per month

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