Land at Former Chandless Estate, Lindisfarne Drive, Gateshead | Property for sale | Savills
Price on application

Land at Former Chandless EstateLindisfarne Drive, Gateshead

  • New
  • Sole agency
Development land

Key features

  • Excellent location with good transport links
  • Cleared site within close proximity to Gateshead and Newcastle City Centre
  • Gross site area 10.26 acres (4.15 ha)
  • Informal Sealed Tenders sought by noon Wednesday 15 May 2024

The site is located on Lindisfarne Drive to the south of Gateshead town centre and presents an exciting opportunity to deliver a showcase development.

About this property

  • The site is cleared and brownfield in nature extending to approximately 10.26 acres. It previously accommodated three multi storey blocks, 12 maisonette blocks and one block of bungalows, all of which were built in the 1960’s.

An excellent residential development opportunity within a popular and convenient location.

David CraigProperty agent

Local information

  • The surrounding area is made up of housing to the south, with new build development currently taking place on the former Freight Depot site immediately to the east. The site provides an opportunity for a unique, well designed development in a sustainable location which benefits from its proximity to Gateshead and Newcastle as well as excellent road and public transport networks. The location offers the potential for links by foot, cycle and road to nearby shopping and employment centres within both Gateshead and Newcastle.

  • The site is therefore very conveniently located benefitting from easy access to the wider road network, as well as various public transport links including Gateshead metro Station 0.4 miles to the north west. It is also within ten minutes walking distance of the iconic Gateshead Quays and Newcastle city centre; both of which offer a range of leisure, bar and restaurant facilities.

Additional information

  • Gateshead Council has applied for Brownfield Housing Fund grant which can be used to support the treatment of abnormal costs, subject to any BHF grant offer conditions. If the Council is successful with the grant application, discussions will take place following the selection of a preferred developer.

  • Planning

  • Under the Gateshead Core Strategy and Urban Core Plan Policies Map, the site forms part of a wider allocation known as 'The Exemplar Neighbourhood Key Site' which, under Policy SG2, is allocated for 1,000 dwellings and identifies the Chandless site as being suitable for accommodating family housing.

  • The Council has prepared the Gateshead Exemplar Neighbourhood (SPD) which was adopted in April 2023.

    There will be a requirement for biodiversity net gain/mitigation depending on the final results of survey work.

  • An information pack is available

  • Method of Disposal

  • We are instructed to dispose of the freehold interest via an Informal Sealed Tender process. Bidders are asked to submit offers in Savills standard bid template a copy of which can be obtained by emailing David Craig or Emma Young.

    Please note that the seller is not obliged to accept the highest or any offer. All offers received are subject to contract. The seller is not obliged at any point to exchange contracts. Interested parties should note that overage and or clawback provisions may be incorporated into the legal contract.

    Following the selection of a developer, Savills will conduct a marketing exercise whereby Registered Providers will be invited to submit offers. The developer will then be expected to adopt the highest bid value achieved in order to maximise site value.

    The successful developer should also be aware that it will be required to instruct Savills in respect of bulk sale units to a Registered Provider.

    The site is to be sold freehold with vacant possession.