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RARE DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION FOR HOTEL OR RESIDENTIAL SCHEME

BISHOP AUCKLAND 80 NEWGATE STREET DL14 7EQ Berwick upon Tweed

Holy Island

A1

Wooler

A6088 A697

Alnwick

A68 Rothbury A697

B6341 A1068

Kielder Otterburn

A68

Morpeth ar River We Bellingham A696 A1 A689 Blyth The Batts AUCKLAND Newton Cap WEAR Viaduct A68 Newcastle International A19 Airport is an historic market town NORTH BONDGATE Tynemouth NEWCASTLE Town Hall A69 located in County Durham in the North East A69 A69 A695 of and is situated approximately NORTH BONDGATE Market Place A689 A686 A694 12 miles south west of Durham and 14 miles P A692 A1 Newgate KINGSWAYP DURHAM RD CLAYTON STShopping north west of . Centre GIB CHARE THE WILLOWS SADDLERS ST A693 River Gaunless THE DELL

TENTERS STREET A689 P A691 A167 A690 WEST ROAD P VICTORIA AVE EDWARD STREET A689 A1(M) A19

NEWGATE STREET A68

WESTGATE ROAD 80 NEWGATE STREET DURHAM SURTEES STREET A689 Crook A181

Statue A690 GIBSON ST GIBSON Bishop Auckland benefits from excellent road B6284 ETHERLEYGREEN LANE LN PRINCE’S STREET P Cricket Ground BISHOP A167 connections from the A688 and A68, whilst being DURHAM STREET AUCKLAND A6072 King James I in close proximity to the A1(M). Bishop Auckland benefits STREET Academy CLARENCE A689 from good rail and bus networks. International MAY ST E IV P A68 Airport is located approximately 19 miles southwest R A174 D PEEL STREET Y T A66 IS NEWGATE STREET A688

GREY STREET Stockton-on-Tees RD of the town. The town has a population of some 25,455 A STREET H B O RAILWAY STREET persons according to the latest Census. B DARLINGTON A66 A66 A19 A171 The property is situated within Bishop Auckland’s A66 A1(M) Teesside BOB HARDISTY DR International Heritage Action Zone which has been initiated to Airport Railway Station A172 rejuvenate the town and to help regenerate it as P an exciting place for locals, businesses and visitors. P

Auckland Castle which is located within easy walking distance to 80 Newgate Street has recently undergone a multimillion pound transformation of the former Prince of Durham’s residence into an international tourist destination. Bishop Auckland is also home to the famous Kynren “Epic Tale of England” which attracts over 35,000 visitors per year. For further information please visit www.kynren.com. 80 NEWGATE STREET BISHOP AUCKLAND COUNTY DURHAM DL14 7EQ LOCATION

The grade two listed former Beales department store occupies a prominent position on Newgate Street and is spread over three floors offering approximately 55,000 sq ft. of accommodation. The site boundary extends to approximately 0.63 acres (0.25 ha).

PLANNING

Durham granted outline planning permission for the site in December 2019. The Outline consent incorporates the following separate applications:

DM/19/02223/FPA: Change of use of former department store to 3 no. ground floor units with flexible A1/A3 use and 62 no. bedroom hotel, associated internal and external alterations and partial demolition.

DM/19/02221/FPA: Change of use of former department store to 3 no. ground floor units with flexible A1/A3 use and 27 apartments, associated internal and external alterations and partial demolition.

Further information can be found on ’s Planning Portal - https://www.durham.gov.uk/article/8276/Find-a- planning-application INFORMATION PACK

An information pack is available upon request which includes details of the two separate 80 NEWGATE STREET planning consents. BISHOP AUCKLAND COUNTY DURHAM DL14 7EQ PROPOSAL Our client will consider either of the following; 80 NEWGATE STREET 1) Unconditional sale of the property (with price on request) BISHOP AUCKLAND COUNTY DURHAM DL14 7EQ 2) Joint venture proposals to deliver a redeveloped scheme

VAT

All rents, premiums and purchase prices quoted are exclusive of VAT. All offers are to be made to Naylors Gavin Black LLP on this basis and where silent, offers will be deemed net of VAT.

ANTI-MONEY LAUNDERING

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of funding will be required from the successful purchaser.

FURTHER INFORMATION MISDESCRIPTIONS DISCLAIMER

NAYLORS GAVIN BLACK LLP for themselves and for the vendors and lessors of the property give notice that: For further information please contact: (i) These particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of any offer or contract. (ii) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but without responsibility on the part of Naylors Gavin Black LLP or their clients. Any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person, either principal or employee, at NAYLORS GAVIN BLACK LLP has JAMES FLETCHER CHRIS DONABIE any authority to make or give any representation or warranty in relation to this property. (iv) Any reference to plant, machinery, equipment, services, fixtures or fittings shall not imply that such items are fit for their purpose or in working T: 0191 211 1560 T: 0191 211 1548 order. February 2020 [email protected] [email protected] Designed & produced by www.creativestreakdesign.co.uk ref: CSD/1555