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£450,000

Residential Development The Salmon Inn, TD15

  • 0 beds
Other

£450,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£2,054 per month

Minimum deposit amount:

£22,500
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The Salmon Inn occupies a prominent position in the village of East Ord approximately 1.5 miles from the centre of Berwick Upon Tweed.

The conversion includes three apartments and 4 semidetached new build properties.
Apartment 1 - 2 bedrooms approx. 80sqm
Apartment 2 - 1 bedroom approx. 55sqm
Apartment 3 - 2 bedroom approx. 95sqm

Plot 1 - 3 bedrooms approx. 99sqm
Plot 2 - 3 bedrooms approx. 99sqm
Plot 3 - 3 bedrooms approx. 85sqm
Plot 4 - 3 bedrooms approx. 85sqm

Location
The property occupies a prominent position in a plot of 0.443 Acres some 1.5 miles from Berwick Upon Tweed town centre in the village of East Ord. Berwick Upon Tweed, sometimes known simply as Berwick, is a town and civil parish in Northumberland, England located approximately just 2 miles south of the Scottish border, it is the northern most town in England.

Planning
Northumberland County Council REF: 23/00583/FUL
The Appeal has been granted for the conversion of the Salmon Inn, East Ord, Berwick Upon Tweed to 3 apartments and 4 new build houses.

VAT
The property has been opted to tax therefore VAT must be added to any offer.

Method of Sale
For sale by private treaty as a whole with entry to be arranged between the parties. A closing date for offers may be fixed and parties are advised to register their interest with the selling agents. The vendor is not bound to take the highest or any offer.

Offers
Offers should be submitted in writing to the selling agents.

Tenure
Freehold

Services
All mains services are connected

Charges
There is a S106 which will be the purchaser's responsibility:
Coastal Mitigation Service Contribution of £4,305.00.

In addition: The owner shall pay to Northumberland County Council on the date of this Deed the Council's legal costs in the sum of £325.00 (Three Hundred and Twenty Five pounds) incurred in the preparation and registration of this Deed.

The Owner shall pay to the Council upon Commencement of Development the sum of £100.00 (one hundred pounds) in relation to the costs associated with the monitoring and ongoing management of the obligation in this Deed.





Tenure: Freehold
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£2,054 per month
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Stamp Duty tax
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£1,250
Mortgage and legal costs:
£999
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