Wearside Road, Ladywell

Sold
Industrial & Development
£1,325,000

Key Details

Status
Recent Transactions
Type
Development

Overview

  • Prominent freehold warehouse building extending c.6,100sqft sold to private investor
  • Subject site had planning permission in place to redevelop and construct a contemporary 9-unit residential scheme
  • Excellent location just 0.2 miles from Ladywell station
  • We acted on behalf of an institutional landowner in sourcing multiple bids off-market to secure best value
  • An eventual sale price was reached of £1,325,000 equating to £147,000 per consented plot

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