Popular South Tyneside nature spot goes up for sale for £125,000
The land where the Fellgate Ponds are situated has been placed on the property market.
The land containing the Fellgate Ponds has been brought to the property market by Bradley Hall for a guide price of £125,000.
It is a popular walking spot for many in the local area, with the ponds also attracting a wide range of wildlife.
Based just behind the Lakeside Inn, on Leam Lane, the land for sale is approximately 4.6 acres (1.86 hectares).
Bradley Hall has confirmed that there land does not currently benefit from planning permission but that it could be “suitable for numerous uses” subject to any relevant planning permission being approved.
The property listing states: “Situated immediately adjacent to the A194 (Leam Lane), the property benefits from excellent road frontage and direct access to the A1(M), providing convenient connectivity to Gateshead, Newcastle and the wider North East region.
“Extending to approximately 4.6 acres (1.86 hectares), the site comprises a parcel of land offering a range of development potential (subject to planning).
“Positioned at a roundabout junction, the site benefits from strong roadside prominence and high visibility, making it a standout opportunity in a sought-after location.
“The site does not benefit from planning permission but could be suitable for numerous uses subject to the relevant planning permission.
“The sale will be subject to an overage (clawback) provision of 50% of any uplift in value arising from the grant of planning permission (or implementation of any use other than its existing agricultural/grazing use).”
You can view the full listing at: https://www.bradleyhall.co.uk/property/land-at-the-lakeside-inn-fellgate/.