Land to let in Bowburn South Industrial Estate, Durham DH6

Location

Bowburn is situated between High Shincliffe to the north-west and Coxhoe to the south-east on the A177. It is part of the Cassop-cum-Quarrington parish. The village is located 3 miles to the south-east of Durham city centre.

Durham Road (A177) serves the site and the entire estate, it connects the site to Durham, the north, London, and other places to the south via the A1(M).

Description

The site is surrounded by a variety of both commercial and residential uses, the most prominent of which are the residential units to the east and the industrial estate to the west. As it stands now, the development site consists of a wooded area to the north and an open field to the south.

Roads encircle the location on three sides. Durham Road stretches the entire length of the eastern side. The traffic-lighted intersection of Durham Road and the entrance road of the Bowburn South Industrial Estate share the southeast corner. Access to different industrial units is provided via a secondary road that extends the entire length of the western side of the industrial complex.

Accommodation

We calculate the approximate areas to be as follows:
Total 4.688 Acres 1.8973 Hectares

Student Development design
An indicative scheme has been produced that shows a development for 478 student units. This scheme is over 4 floors and benefits from 68 car parking spaces, including 3 disabled spaces, and direct access to Durham Road bus stop.

Looking at the current academic year, the demand for student housing outweighed the supply. All purpose built student accommodation in Durham had been taken up, this trend has continued going into the 2024/2025 academic year, with there being very limited availability for students.

Planning Permission and Design
A planning proposal has been submitted for both a class A1 food store (4,184m2), and class A2 uses (2,453m2). Both proposals benefit from associated car parking and servicing facilities.

Further details can be found using Durham city planning portal, using reference code: DM/18/02371/out.

Terms
Available by way of a new lease with terms to be agreed at £175,000 (One Hundred and Seventy Five Thousand Pounds) per annum. Expressions of interest are invited for the sale of the land.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Tenure
Long leasehold of 250 years

Legal costs

Each party is to bear their own legal costs involved in the transaction.

Anti-money laundering regulations

In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.