FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall

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FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall
PRIME DEVELOPMENT OPPORTUNITY
                                                                                         FOR SALE

The Keelman’s Hospital & Former Salvation Army, City Road, Newcastle upon Tyne NE1 2BR      sw.co.uk
FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall
Location

                                                                                         The properties are situated on City Road in a prominent position looking over Newcastle’s historic
                                                                                         Quayside buildings. The Quayside is a vibrant area with a range of uses including leisure, retail,
                                                                                         offices, and of course feature many of the region’s main visitor attractions.

                                                                                         Newcastle upon Tyne is located in the North East of England and has an urban area population of
                                                                                         some 190,000 persons. Newcastle is principally accessed via the A1, A19 and A69. Newcastle
                                                                                         Airport, 7 miles north west of the City Centre, provides international and domestic services.
                                                                                         Sunderland is located 14 miles to the south east, South Shields 14 miles to the east and Carlisle 58
                                                                                         miles to the west.

                                                                                         Description

                                                                                         The Men’s Palace

                                                                                         The accommodation can be summarised as follows:

                                                                                         66 x individual en-suite rooms over three floors

                                                                                         Separate 3 bed manager’s accommodation on the roof terrace.

                                                                                         The building also incorporates ancillary accommodation including reception area, manager’s office,
                                                                                         kitchen, communal kitchen areas, communal lounges, a number of male/female and disabled WC’s,
                                                                                         store rooms, offices, locker room and other ancillary stores.

                                                                                         The accommodation extends to approximately 31,117 sq ft (2,890 sq m) on a gross internal area
                                                                                         basis.

                                                                                         Jubilee View Building

                                                                                         The property provides 8 self contained flats all of which are circa 485 sq ft (45 sq m). The properties
                                                                                         all capable of been sold as individual flats.

                                                                                         The building itself is of two storey brick construction with a flat roof construction.

                                                                                         The Keelman’s Hospital

                                                                                         The property comprises a Grade II* Listed building which was formerly a hospital but was most
                                                                                         recently used as student accommodation. The property presents as a series of rooms off a perimeter
                                                                                         corridor and is ideal for conversion to a high quality residential with a large communal private
                                                                                         courtyard.

                                                                                         Further information and plans available on the SW website upon request.

The Keelman’s Hospital & Former Salvation Army, City Road, Newcastle upon Tyne NE1 2BR
FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall
Services

                                                                                         We understand that all mains services are available on the site, however, interested parties are advised to
                                                                                         contact the necessary authorities for confirmation of the above.

                                                                                         Legal Costs

                                                                                         The purchaser will be responsible the council’s Property Fees at £7,500 plus VAT, plus reasonable legal fees.

                                                                                         Energy Performance Certificate

                                                                                         Keelmans – Band F (142) Men’s Palace – Exempt           Jubilee House – A & B

                                                                                         Tenure

                                                                                         We understand that the properties being sold shall be sold by way of a freehold title.

                                                                                         Development Proposals

                                                                                         Newcastle City Council have provided a planning brief for the development of the subject properties which is
                                                                                         available upon request.

                                                                                         Asking Price

                  Superb city centre development                                         Offers are invited for our clients freehold interest, subject to contract, for the benefit of our client’s freehold
                            opportunity                                                  interest. The vendor will not be bound to accept the highest or any offer made.

                                                                                         Offers for the Keelman’s Hospital need to be sent to Newcastle City Council. Full details upon request.

            Offers invited, for the freehold interest(s)                                 Offers for the Men’s Palace and Jubilee Building should be sent to Sanderson Weatherall, Central Square
                                                                                         South, Orchard Street, Newcastle upon Tyne, NE1 3AZ and marked for the attention of Kevin McGorie and
                                                                                         include scheme proposals and source of finance no later than 12 noon Friday 30th April 2021.

                                                                                         Money Laundering
                 Offers for individual assets will be
                             considered.                                                 In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the
                                                                                         source of funding will be required from the successful purchaser.
                          Subject to Contract
                                                                                         VAT

                                                                                         All prices quoted are deemed exclusive of VAT.

The Keelman’s Hospital & Former Salvation Army, City Road, Newcastle upon Tyne NE1 2BR
FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall
The Keelman’s Hospital & Former Salvation Army, City Road, Newcastle upon Tyne NE1 2BR
FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall
The Men’s Palace and Keelman’s Hospital

      The Keelman’s Hospital & Former Salvation Army, City Road, Newcastle upon Tyne NE1 2BR
FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall
Jubilee House

      The Keelman’s Hospital & Former Salvation Army, City Road, Newcastle upon Tyne NE1 2BR
FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall
For further information please contact the Agents:

                                                                                                                                                                                                           Kevin McGorie

                                                                                                                                                                                                           0191 269 0174

                                                                                                                                                                                                      kevin.mcgorie@sw.co.uk

                                                                                                                                                                                                            Mark Convery

                                                                                                                                                                                                           0191 269 0103

                                                                                                                                                                                                      Mark.convery@sw.co.uk

                                                                                                                                                                                                       Sanderson Weatherall
                                                                                                                                                                                                       Central Square South
                                                                                                                                                                                                          Orchard Street
                                                                                                                                                                                                             Newcast

Misrepresentation Act 1967: Messrs Sanderson Weatherall LLP for itself and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1) These
particulars do not constitute any part of an offer or contract; 2) None of the statements contained in these particulars as to the properties are to be relied on as statements of
representations of fact; 3) Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars;
4) The vendor(s) or lessor(s) do not ake or give and neither Messrs Sanderson Weatherall LLP nor any person in their employment has any authority to make or give any
representation or warranty whatsoever in relation to this property; 5) None of the building’s services or service installations (whether these be the specific responsibility of the
freeholder, lessor or lessee) have been tested and are not warranted to be in working order. Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of
VAT. Consumer Protection from Unfair Trading Regulations 2008 and Business Protection from Misleading Marketing Regulations 2008; Every reasonable effort has been made by
Sanderson Weatherall to ensure accuracy and to check the facts contained in these particulars are complete. Interested parties are strongly advised to take appropriate steps to
verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice.

Sanderson Weatherall LLP Registered in England company number OC 344 770 Registered Office 6th floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL

  August 2018
                                                                                                                                                                                                            sw.co.uk
FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall FOR SALE PRIME DEVELOPMENT OPPORTUNITY - Sanderson Weatherall
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