TO BE SOLD BY ONLINE AUCTION ON 14TH FEBRUARY 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
Chopwell Hotel, Chopwell, Newcastle upon Tyne, NE17 7AA
This is a fantastic opportunity to acquire a popular building in the village of Chopwell. This former hotel and public house/restaurant recently had planning for a 10 bedroom assisted living accommodation investment which has now lapsed. This is just one of the options for this property and could become apartments or house (subject to planning permission).
Edward Mellor have been informed that the property is let on a commercial let for £24,000pa. (see legal pack for the agreement).
Chopwell is a village in Tyne and Wear, located approximately three miles west of Rowlands Gill and one mile north of Hamsterley. Newcastle City can be reached in approximately 15 minutes drive. Durham City is just 20 minutes' drive.
There is planned regeneration for this former mining village with further developments planned. All of these reasons make this area one of the most up and coming 'boom' areas for property in the North East and we doubt properties will be offered again at this price level.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
