Coulson Street, Spennymoor, County Durham, DL16

Description:

Durham County Council offers for sale by informal tender the land and building west of Coulson Street, Spennymoor, Co. Durham DL16 7RS. The property extends to approximately 1.249-acres. The building has an GIFA of approximately 800 sq.m. / 8,611 sf.

The Property comprises of a single storey brick-built building, with a brick layer façade, glass double glazed U P V C windows, flat felted roof, and is currently utilised for office use and training accommodation purposes.
There is car parking to both the front and rear of the property, with grass land and mature trees also included within the site boundary.

Location:
The subject Property is located south of the A688 and positioned within the Coulson Industrial Estate, which is to the south of Spennymoor town centre. The town has a population of approximately 19,816 (2011 Census) and benefits from a good range of facilities and amenities.
Spennymoor is located approximately 6.1 miles to the south of Durham and approximately 5.9 miles to the north-east of Bishop Auckland.
It is situated on high ground on the southern side of the Wear Valley, and a short drive from Durham City. The Spennymoor area includes the villages of Kirk Merrington, Middlestone Moor, Byers Green, Tudhoe, Croxdale, Sunderland Bridge and Hett, Covering almost 7,500 acres.

Access:
Road - The Property is positioned in Coulson Street directly to the south of the A688 which, in turn, connects to the A167 and A1(M), therefore providing easy vehicular access to the remainder of the North East and U K.
Rail - Durham Railway Station is located approximately 7 miles to the north providing routes to Newcastle upon Tyne to the north, and to Darlington to the south.
Air - Newcastle International Airport is located approximately 31 miles to the north. It provides a range of flights to national and international destinations.

Accommodation:
The accommodation within the property is single storey. The property has G I F A of approximately 800 sq.m. / 8,611 sf. An indicative existing floor plan is attached below.

Planning:
The Property is currently utilised as an office (Use Class E) and so planning permission would be required to change the use of the property to regularise any alternative uses.
The Property lies within the Merrington Lane Protected Employment Site as identified by C D P Policy 2.
We have received informal planning advice from the Local Planning Authority. A copy of the Pre-application Report can be found within the Information pack (see below).

Rights of Way, Wayleaves and Easements
The sale is subject to all rights of support, public and private rights of way, water, light drainage, and other easements, all, or any other like rights, whether mentioned in these particulars or not.

Information Pack
Supporting information held on the property is available upon request. Please contact us to request the web link to access the Information Pack.

Tenure
D C C owns the freehold (title absolute) of the Property being offered for sale. It is registered with the Land Registry under title number: DU292060.
Vacant Possession will be provided upon completion.

Method of Sale
The Council is offering the freehold for sale by Informal Tender.
Guide Price: £250,000
Offers are invited on a conditional basis (conditional on grant of planning permission). Unconditional bids will still be considered.

Offer
Offers are invited on the attached offer form and must be submitted using the attached label which should be affixed to the front of an envelope.
All offers should have regard to the informal advice provided and make the due allowance in their bid. Interested parties are expected to have spoken to the Local Planning Authority regarding their individual scheme (contact details below).

Offer via Online
Completed Offer Forms must be returned via the NEPO Portal system no later than the date and time stipulated on the sales particulars.
Submissions (including any part thereof) received after the stated deadline will not be accepted. It is entirely the responsibility of the bidding organisation to ensure that it submits its response in line with the stated deadline date and time.
In the event that a bidding organisation believes that it is unable to submit a bid through the NEPO Portal and requires technical assistance or further information to do so, bidders must contact the NEPO Portal administrators using the helpline contact details given on the Portal website ( ensuring there is adequate time for the administrators to support the bidding organisation to upload their submission by the stated deadline. In such cases, if a bidding organisation's response is received after the stated deadline then the Council may, at its sole discretion, then take this into consideration if a submission is received after the stated deadline.
It is the bidder's responsibility to ensure that the bid has been completed accurately. All of the information presented will be taken at face value and the Council reserves the right to request further clarification. All offers should have regard to the informal advice provided and make the due allowance in their bid. Interested parties are expected to have spoken to the Department Management team regarding their individual scheme.

Closing Date
Offers must reach the Head of Legal and Democratic Services no later than 4.00pm on Monday 3rd June 2024.
Interested parties should note that sufficient time must be allowed for the return of offers to meet the closing date. Prospective parties should also note that Durham County Council is not bound to accept the highest or indeed any offer.

V A T
All interested parties should make their own enquiries of H M R C.
Any offers will be deemed exclusive of V A T.

Services
It is understood that all major services are present within or close to the edge of the Property. It is the responsibility of prospective purchasers to confirm the extent of the services, their availability and suitability, with the relevant utility service providers.

Viewing
Please note the Property is currently an operational facility. Details of the viewing days are confirmed within the Information Pack. Viewings are strictly by appointment on the viewing days only.

Health and Safety Policy
Our Health and Safety policy requires all interested parties undertaking viewings of this property to be accompanied by a member of our staff. They must wear their own Personal Protection Equipment (P P E). If interested parties do not adhere to our policy and view the property unaccompanied or without P P E then they do so at their own risk and we/the seller cannot be held liable for any personal injury or associated claim for compensation.

Additional information

Submitting Your Bid
Offers are invited by completing the offer form and using the label which should be affixed to the front of an envelope. Offers should be made no later than the date and time stipulated on the sales particulars.
This will be carried out in form of both paper bids and online via NEPO.
It is the bidder's responsibility to ensure that the Submission of Offer form has been completed accurately. All of the information presented will be taken at face value and the Council reserves the right to request further clarification. All offers should have regard to the informal advice provided and make the due allowance in their bid.

Costs
The purchaser will be responsible for the Council's Surveyor Fees based on 3% of the accepted offer price (to a minimum of £5,000) in addition the purchaser will be responsible for the Council's reasonable legal fees.

Submission Of Offers
The submission should be fully completed and should clearly state the sum being offered to D C C for the Property. The sum offered should reflect any conditions attached and these should be clearly stated.
D C C is not bound to accept the highest offer made, or any offer, and will accept no responsibility for any costs incurred by any party in connection with their submission of an offer whether successful or not.
Offers will be reported to the Council at the closing date. Interested parties will be notified of the Council's decision as soon as possible after that time.
Submissions (including any part thereof) received after the stated deadline will not be accepted. It is entirely the responsibility of the bidder to ensure that their bid is received within the stated deadline and time.

Supporting Information
Details of the person(s) or company that is offering to purchase the freehold interest:
1. Any company should include details of the full company name, registration number, registered address and contact details for the individual submitting the offer.
2. For individuals, you should include details of your name, address and contact details, plus a certified copy of a passport and a utility bill (last 3 months)
3. The applicant must provide detailed information to confirm their funding arrangements not only for the acquisition, but also any development proposed; ie Bank statement and or mortgage details.
4. Details of the overall timescale required to complete the transaction
5. An indicative architects scheme proposal must be submitted with the financial offer.

The bidding party must provide detailed information to confirm their funding arrangements not only for the acquisition, but also any redevelopment/refurbishment proposed including proposed timescales.