Sanderson Young - Property View

Overview

• Location - Prudhoe is a small town in West Northumberland situated on the A695, 16.9km (10.5miles) east of Hexham. It is situated on the south banks of the River Tyne. Immediate access north of the Tyne is via Ovingham Bridge, with the A69 2.4km (1.5miles) north connecting Hexham and Newcastle. Prudhoe Hospital is situated to the south east of the town centre and originally comprised a large facility set in wooded parkland. The trust has retained 26 acres to the south edge of the site with primary access from the south of Prudhoe along Moor Road. The Trust have retained an area of the site and intend to redevelop part to provide a new Child and Adolescent Mental Health unit with the surplus having been subject to a detailed master plan and identified for disposal.
• Description - The site extends to approx 4.85 hectares (12 acres)
• Access - The site can be accessed both from the public highway to the west of the property, Moor Road, and also through the residual of the former Hospital site which is now in the ownership of the Homes and Communities Agency. The property will be sold with the benefit of the access right.
• Planning - The land designated for sale has an outline planning consent for a care village, together with 56 residential units, 40 percent of which are to be made available as affordable housing.
• The care village to the eastern corner of the site will provide 30 skilled nursing bedrooms, 30 two bedroom apartments, and 6 one bedroom apartments. In addition there will be shared accommodation including dining rooms, kitchen, care support base, staff rooms housekeeping laundry. The associated footprint area is 3800sq m (40904sq ft)
• To the north western part of the site private residential accommodation will be constructed comprising 18 detached houses, 14 semi detached and 16 terraced properties. The total footprint will extend to 4060sq m (43703sq ft) The private residential accommodation will include affordable housing to be provided in the terraced accommodation.
• Tenure The freehold interest in the site will be sold with full vacant possession. Vacant possession of the site will take place no later than March 2010
• VAT VAT will not be payable on the purchase price
• Legal Fees Each party will be responsible for their own legal fees incurred in the preparation of legal documentation
• Viewings All viewings are to be arranged strictly through appointment with the joint agents.
• Method of Sale The site is to be offered for sale by informal tender with submissions required by 12 noon on December 16th. Details of the tender process are available within the information pack
• Information Pack - The information pack in CD form is available form the sales agents at a cost of £25 plus VAT. The pack contains:
• Planning details
• Title Summary
• Traffic Survey
•  Topographical survey
• Statutory services information
• Archaeological information
• Ecology and landscape reports
• Offer form
• Draft contract
• Standard response to enquiries
• Contacts: Nicola Osborne - Sanderson Young The Old Bank, 30 High Street, Gosforth, Newcastle upon Tyne NE3 1NY Tel: 0191 2233500 Fax: 0191 2233505 Email: Nicola.osborne@sandersonyoung.co.uk
• Richard Shield - DTZ Residential Central Square South, Orchard Street, Newcastle upon Tyne NE1 3AZ Tel: 0191 2235770 Fax: 0191 2235799 Email: Richard.shield@dtz.com

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