Aycliffe Quarry, Newton Aycliffe, County Durham, DL5 6NB.

The Opportunity

Expressions of interest are invited for the freehold interest in the land edged red on the plan. The site amounts to approximately 37acres (15 hectares) and consideration will be given to a sale or joint venture over the whole or part of the land.

There is an extant planning consent for commercial development on the southern part of the site. The Vendor is in the process of submitting an outline planning application for the provision of a mix of leisure and employment uses including B1, B2 and B8 across the whole site.

Location

Newton Aycliffe is a New Town in County Durham which was founded in 1947. It has a population of approximately 26,633. The town centre has undergone a multi-million pound redevelopment over recent years and Aycliffe Business Park to the south and west of the site is the second largest industrial estate in the North East region. The property is situated to the south of Aycliffe Village, to the east of Aycliffe Business Park and directly north of the proposed Forest Park major commercial development.

Description

The site extends to approximately 37ac (15ha) which is available in whole or part. The land comprises the former mineral extraction and landfill site at Aycliffe Quarry. It includes a mix of agricultural land, woodland and an area of hardstanding.

Access

The site benefits from excellent road communications and holds a prominent position just off the A167 and A1.

Planning History

In 2015, planning permission was granted for the erection of an industrial unit and change of use of land to general storage and commercial market. Further information can be found in County Durham planning register, application DM/15/03610/FPA.

Outline planning permission was granted in 2000 for a hotel/motel conference centre with leisure and recreation facilities under planning reference 7/1999/0193/DM, with a subsequent reserved matter application granted permission in 2003.

Tenure & Possession

The freehold interest in the property is offered for sale by private treaty, as a whole, with a guide price of £3,000,000. The property shall be exchanged with vacant possession upon completion.

Costs

Each party will be responsible for their own costs incurred.

VAT

All figures quoted are exclusive of VAT where applicable.