Sunderland riverside land up for sale to developers
Covering 2.44 acres, the plot known as Bonners Field is situated on the north bank of the River Wear, directly beside the Wearmouth Bridge.
The land offers potential for a range of developments, including residential, commercial, or leisure, subject to the necessary planning consents.
Bonners Field is in an ideal location, approximately half a mile from Sunderland city centre and a short distance from both St Peterβs Metro Station and Sunderland Railway Station.
It is positioned within a diverse urban environment, sharing space with residential properties, student accommodation, university facilities, and commercial premises.
The plot has open views across the River Wear and is situated close to notable local landmarks.
In terms of planning, Bonners Field is highlighted within the Urban Core of Sunderland’s adopted development plan.
This means development in this area is supported where it enhances connectivity and pedestrian movements, provides high-quality public realm, protects and enhances heritage assets, and delivers a high standard of design that integrates positively with the existing urban fabric.
Interested parties will need to meet specific requirements, accompanied by proofs such as financial arrangements for acquisition and solicitor contact details, among other stipulations.
A previous assessment in December 2020 considered the land suitable for residential development, and it was estimated that it could potentially accommodate approximately 46 units over the next 11 to 15 years.
This piece of land is considered fitting for a mixture of developments, including C3 housing or student accommodation.
Read more:
The package could also include assembly and leisure facilities, business uses, small-scale retail units meeting local demands, and restaurants and cafΓ©s.
Interested parties have until noon on May 28 to submit unconditional offers as part of an informal tender process.
For more information, you can call GFW on 01917437479.