Savills | North East Industrial Estate, Land At Armstrong Road, Peterlee, SR8 5AJ | Property for sale
275,556.23 sq ft(25,600 sq m)
Price on application

North East Industrial Estate, Land At Armstrong RoadPeterlee, SR8 5AJ

    Industrial
    275,556.23 sq ft (25,600 sq m)

    Key features

    • 2.56 ha (6.3 acres)
    • Proximity to new residential development
    • Good access to the A19

    Development Site

    About this property

    • Description
      The unit comprises a detached warehouse of profile metal clad elevations and north light roof. The unit has been split into a production area and cold store facility with offices to the front elevation of the property. Access to the unit is provided by two dock level loading doors, covered by a canopy and four loading doors to the front and west elevation of the property.

      The unit sits on a large site with the hardstanding yard and car parking area to the front of the building. There is also a larger area of hardstanding which fronts Stephenson Road, the area appears to be slightly uneven but has a separate access from Stephenson Road. The whole site is bounded by palisade fencing.

      The unit was recently damaged fire and prior to sale the buildings will be demolished and the site cleared.

      Plannning
      The site is allocated for employment purposes but is located adjacent to a new residential development by Gleeson and opposite a 40 acre site which has been allocated for 390 residential units.

      Based on the above the site may be suitable for residential development, subject to planning.

      Interested parties are expected to make their own enquiries with the planning department at Durham County Council.

    Local information

    • The property is located on the North East Industrial Estate, Peterlee, County Durham.
    • Peterlee is located in County Durham, approximately 11 miles east of Durham city centre, 11 miles south of Sunderland and 23 miles south-east of Newcastle. Peterlee benefits from excellent road communications being situated immediately adjacent to the A19 Trunk Road which provides direct access to the Tyne & Wear conurbation to the north and Teesside and North Yorkshire to the south.
    • The town benefits from good bus provisions, connecting Peterlee to Durham, Sunderland, Newcastle and Middlesbrough. Rail services are provided by the East Coast mainline from Darlington and Durham stations, with Durham having a fastest journey time to London King’s Cross of approximately 2 hours 30 minutes.
    • Newcastle International airport and Durham Tees Valley airport are situated approximately 30 miles to the north and south respectively. Both airports provide regular flights to key national, European and International destinations.