80 Newgate Street, Bishop Auckland, Durham for sale in Bishop Auckland - Cheffins Commercial

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£350,000

80 Newgate Street, Bishop Auckland, Durham, DL14 7EQ

55,000_Sq.ft

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ian.kitson@cheffins.co.uk 01223 271942

Ian Kitson

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About this property

Key features

For sale by online auction in November
Planning permission for residential development or hotel premises
Situated in prime town centre location

Description

FOR SALE BY ONLINE AUCTION - RARE DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION FOR HOTEL OR RESIDENTIAL ACCOMMODATION. Contact the Property Auction team on 01223 213777 for further information. This substantial Grade II listed property, constructed in traditional stone masonry, offers a rare opportunity to acquire and develop a landmark building within the town centre. Formerly occupied by Beales department store, the premises have remained vacant for approx.6 years and now present significant potential for redevelopment into a hotel or residential use. Arranged across three floors and extending to approximately 55,000 sq. ft, the accommodation is currently configured to provide retail and storage space at ground floor level, with office accommodation above. The property stands on a site extending to circa 0.63 acres (0.25 ha). Internally, the building is in a derelict condition.