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Victoria Public House, Murton
Offers Over £225,000
- Excellent Development Opportunity (Subject to Planning)
- Site Area c. 0.27 Acres (1,093 sq m)
- Existing Building c. 464.52sq m (5,000 sq ft)
- Prominent Main Road Position
- Adjacent to New 4,500 sq ft Purpose Built Co-op Convenience Store
- Freehold Offers Over £225,000
Murton is in East Durham just off the A19 north-south trunk road and lies a few miles from Seaham, Peterlee and Easington. The Dalton Park Outlet Mall lies between Murton Village and the A19 to the east.
A considerable amount of new housing has been constructed in Murton over the last decade with planning granted for another 1,500 homes recently. The former Coke works site to the south is also to be redeveloped for commercial warehouse and industrial units.
The Dalton Park Outlet Mall lies within 1 km to the East where there are a number of factory and trade retail outlets as well as a Cineworld multi-screen Cinema, Restaurants and pub diner together with a new Morrison’s Food Superstore. Travel distance to Newcastle (20 miles) to Durham (10 miles) and to Middlesbrough (23 miles).
The property is situated in the heart of the Village on Church Street, the main road, linking Hetton-le-Hole and Easington Lane to the west with the A19 and the port of Seaham to the East.
The site has a prominent, main road position, at the bottom of Woods Terrace, the original neighbourhood retail area, which is semi pedestrianised and has restricted access.
The new 1 million sf Jade Business Park, estimated to create 2,500 on site jobs, also lies within 1,000m to the south, with easy pedestrian access and where phase 1 of 155,000 sq ft is already open and trading with Sumitomo Electric Wiring and Corehaus in occupation.
In June 2021, the Co-op made a significant commitment to the village of Murton by signing a new 15-year lease and opening a brand-new purpose-built convenience store on the site adjacent to the Victoria Public House.
The plot extends approximately 0.27 acres with an existing building (former public house) of approximately 464.52 sq m (5,000 sq ft) over ground and first floor.
The existing building could be retained and refurbished, extended, or demolished in order to progress an alternative scheme. Potential uses (subject to planning) include residential, retail / convenience or leisure.
The site is to be sold Freehold with vacant possession.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser.
FURTHER INFORMATION & RESERVATION
Contact Graham S Hall Chartered Surveyors today for further information and to reserve a property.
Seaham SR7 9RL