£85,000
(£35.05/sq. ft)
Property for saleFront Street, Prudhoe, Northumberland NE42
2,425 sq. ft
Just added
About this property
Upper floors development opportunity
Planning permission for 4 flats in Tyne Valley town
Location
Prudhoe is a semi-rural town located in the Tyne Valley, approximately 11 miles west of Newcastle upon Tyne. Prudhoe railway station provides regular direct services to Newcastle upon Tyne, Hexham, and Carlisle, offering easy access to major destinations across the North East and beyond. The A695 runs through the town, connecting to the A1 and A69, ensuring convenient routes to Newcastle, Gateshead, and the wider region. The subject property is located on Front Street, in a prominent position above Kings Barbers and tvt Appliance Centre.
Description
The subject property comprises the first and second floors above units 5 and 6 Front Street, within a mid-terrace property featuring brick elevations with a pitched tile roof. The site is somewhat sloping, and access is provided at ground floor level off Front Street, and lower ground level via the rear of the property. Internally the accommodation provides an access point and storage to the lower ground floor, stairwell to the ground floor, with numerous rooms of various sizes over the first and second floors. The property is currently used for storage purposes.
Accommodation
We have measured the property as providing the following gross internal floor areas:
Lower Ground Floor
31.19 sq m(336 sq ft)
First Floor
115.81 sq m (1247 sq ft)
Second Floor
78.33 sq m(843 sq ft)
Total
225.33 sq m(2425 sq ft)
Planning
On 15 April 2025 planning permission was granted to convert the upper floors to residential use, providing 4x flats and a dormer to the rear. Proposed plans detail a communal storage area to the lower ground floor, 2x one bedroom flats to the first floor, and 2x one bedroom flats to the second floor.
Application 24/04347/ful refers.
Copies of planning documents and approved plans/drawings are available on request
Tenancies
The upper floors are currently occupied by a local charity- a theatre group- who are using the space for storage purposes, at a rent of £2,520 per annum. We understand that the tenant will vacate if given three months' notice by the landlord.
Tenure
A new long leasehold interest will be created for a term of years to be agreed at a peppercorn rent.
Price
The property is available for sale, subject to vacant possession being obtained and with the benefit of the planning approval, at £85,000.
VAT
The property is not registered for VAT and VAT will not be payable on the sale price.
Business Rates
The property is assessed for Business Rates as follows:
Description: Offices & Premises
Rateable Value: £2,650
Viewing
Strictly by appointment by sole agents YoungsRPS.
Contact Paul Fairlamb or Chris Pattison on Tel:
Legal Costs
Each party to bear their own legal costs.
Local Authority
Northumberland County Council, County Hall, Morpeth, NE61 2EF. Tel: All figures quoted above are exclusive of VAT where chargeable.
Energy performance certificate
The property has an EPC Rating of d-100.
A copy of the Energy Performance Certificate and Recommendation Report is available on request.
Planning permission for 4 flats in Tyne Valley town
Location
Prudhoe is a semi-rural town located in the Tyne Valley, approximately 11 miles west of Newcastle upon Tyne. Prudhoe railway station provides regular direct services to Newcastle upon Tyne, Hexham, and Carlisle, offering easy access to major destinations across the North East and beyond. The A695 runs through the town, connecting to the A1 and A69, ensuring convenient routes to Newcastle, Gateshead, and the wider region. The subject property is located on Front Street, in a prominent position above Kings Barbers and tvt Appliance Centre.
Description
The subject property comprises the first and second floors above units 5 and 6 Front Street, within a mid-terrace property featuring brick elevations with a pitched tile roof. The site is somewhat sloping, and access is provided at ground floor level off Front Street, and lower ground level via the rear of the property. Internally the accommodation provides an access point and storage to the lower ground floor, stairwell to the ground floor, with numerous rooms of various sizes over the first and second floors. The property is currently used for storage purposes.
Accommodation
We have measured the property as providing the following gross internal floor areas:
Lower Ground Floor
31.19 sq m(336 sq ft)
First Floor
115.81 sq m (1247 sq ft)
Second Floor
78.33 sq m(843 sq ft)
Total
225.33 sq m(2425 sq ft)
Planning
On 15 April 2025 planning permission was granted to convert the upper floors to residential use, providing 4x flats and a dormer to the rear. Proposed plans detail a communal storage area to the lower ground floor, 2x one bedroom flats to the first floor, and 2x one bedroom flats to the second floor.
Application 24/04347/ful refers.
Copies of planning documents and approved plans/drawings are available on request
Tenancies
The upper floors are currently occupied by a local charity- a theatre group- who are using the space for storage purposes, at a rent of £2,520 per annum. We understand that the tenant will vacate if given three months' notice by the landlord.
Tenure
A new long leasehold interest will be created for a term of years to be agreed at a peppercorn rent.
Price
The property is available for sale, subject to vacant possession being obtained and with the benefit of the planning approval, at £85,000.
VAT
The property is not registered for VAT and VAT will not be payable on the sale price.
Business Rates
The property is assessed for Business Rates as follows:
Description: Offices & Premises
Rateable Value: £2,650
Viewing
Strictly by appointment by sole agents YoungsRPS.
Contact Paul Fairlamb or Chris Pattison on Tel:
Legal Costs
Each party to bear their own legal costs.
Local Authority
Northumberland County Council, County Hall, Morpeth, NE61 2EF. Tel: All figures quoted above are exclusive of VAT where chargeable.
Energy performance certificate
The property has an EPC Rating of d-100.
A copy of the Energy Performance Certificate and Recommendation Report is available on request.
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Monthly repayment
£425 per month
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