Freehold 0.6 acre site with major redevelopment potential near coastal industry.
- Very large industrial plot: c.26,136 sq ft (0.6 acre)
- Freehold tenure with good roadside access
- Close to Seal Sands and Seaton Carew industrial areas
- Existing derelict units require demolition or full refurbishment
- Potential contamination risk from former industrial/RAF use
- Broadband speeds very slow; mobile signal excellent
- High local crime rate; security investment likely needed
- Low flood risk but planning consents will be required
A very large, freehold industrial plot within Graythorp Industrial Estate, offered as a redevelopment opportunity close to Seal Sands and Seaton Carew. The site sits on roughly 0.6 acres (around 26,136 sq ft) and contains a series of derelict commercial/industrial units formerly part of an RAF base. Access is good from the estate road, and mobile signal is excellent.
This property will suit investors or developers targeting industrial, storage or light-manufacturing uses. The buildings are neglected and will require significant clearance or refurbishment; demolition, site remediation and utility upgrades should be expected. Broadband speeds are very slow, which may affect office-type uses without investment in connectivity.
Practical advantages include freehold tenure, low flood risk and proximity to coastal industrial infrastructure at Seal Sands. Important drawbacks are the high local crime rate, the derelict condition of existing units, potential contamination risk associated with long-standing industrial use, and the need for planning and construction costs to make the site operational. The asking price reflects the plot size and scope for redevelopment but assumes significant additional capital expenditure.
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