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About this property

LOCATION
The development site is located on the original farm steading for Sheraton Hall Farm, near Castle Eden.

The site sits on the western edge of Sheraton Village, occupying a secluded and sheltered position but within a stone’s throw of the A19, offering excellent lifestyle and commuting possibilities.

DESCRIPTION
The site comprises a sound range of traditional farm buildings in an excellent condition rarely seen by the market. The traditional barns benefit from planning permission for conversion into 8 residential units, with a further separate planning permission to create three new build residential units.

The existing traditional buildings benefit from striking architectural features, which will make the end development quite unique, and we strongly recommend viewing in order to fully appreciate both the architectural features and the sound condition of the buildings.

ACCOMMODATION
TENURE

The Site is available freehold with vacant possession on completion. A copy of the Registered Title (which also includes the wider farm being retained by the vendor) is included in the buyer’s pack.

TERMS
PLANNING

The Site benefits from two separate planning permissions for residential development, as follows.

Firstly, the 8 barn conversions are covered by planning permission dated 10 November 2006 (reference PLAN/2006/0549).

All of the conditions relating to this planning permission have been discharged and the development commenced on site, thereby removing any time constraints relating to the implementation of this permission. A copy of the planning permission and the Local Planning Authority’s letter confirming the above is attached in the Buyer’s Pack.

Secondly, the 3 new build plots are covered by planning permission dated 24 August 2016 (reference DM/15/01822/FPA). A copy of the planning permission is available in the Buyer’s Pack.

It will be the responsibility of the successful offeror to obtain approval of necessary reserved matters.

The documents submitted in support of the planning applications, and those approved as part of the planning permission, can be found on the Local Planning Authority’s website. The links to these pages can be emailed on request, and are also included in the Buyer’s Pack.

PARTICULARS

Copies of the Sales Particulars are available from the sole selling agents, Youngs RPS, on request. The Sales Particulars contain more information relating to the property.

MODE OF SALE

The Site is offered for sale as a whole by Private Treaty and all offers must be submitted on the attached offer form to the Sole Selling Agent, YoungsRPS, 50 Front Street, Sedgefield, County Durham, TS21 2AQ.

A sale in lots may be considered subject to interest.

It is advised that interested parties register their interest with YoungsRPS at an early stage as a closing date for offers may be set.

LEGAL COSTS
BUYER'S PACK

The buyer’s pack is available on request from YoungsRPS’ Sedgefield office, and includes the following:

Planning permission DM/15/01822/FPA
Planning permission PLAN/2006/0549
Local Planning Authority letter dated 16 September 2009 confirming satisfactory discharge of all conditions relating to PLAN/2006/0549, and implementation of permission.
Registered Title
Links to all documentation relating to the planning permissions
2017 structural survey

FURTHER INFORMATION

For further information please contact:

Edward Boon
Telephone: 01740 622100
Email: edward.boon@youngsrps.com

COSTS
Each party to bear their own costs.

VIEWING
Viewing is strictly by appointment only through the Sole Seling Agent.

Location

Stamp duty

Based on a sale price of £650,000 the total amount of stamp duty payable will be:

Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.