A former ambulance depot and land at Briarfields off Elwick Road has been placed on the market by Hartlepool Borough Council.
The 4.28-acre site is earmarked for executive housing, and money generated from the sale will help the council fund frontline services in the wake of cuts in Government funding.
Described as an outstanding residential development opportunity, the site is being sold by informal tender. Those interested have until Friday, November 27, to make their submission to the council.
Councillor Christopher Akers-Belcher, the Leader of the council, said: “The Government’s austerity cuts have hit Hartlepool particularly hard and they will continue to do so over the next few years.
“Consequently, the council has had to be very flexible and innovative and introduce a whole host of initiatives to help protect frontline services the best it can.
“One such programme has involved rationalising the use of buildings across the town, and disposing of land and assets that are surplus to requirement in a planned and measured way.
“The Briarfields site has the potential to attract much-needed money into the council and the proceeds will help us to meet the ongoing financial challenges we face. This is a prime site which provides an opportunity to enhance an important area of our town, and we anticipate that there will be significant interest from developers.”
The sale particulars state: “Situated in the Park Conservation Area, the site represents an unrivalled opportunity to develop exclusive housing in the most prestigious area of Hartlepool.
“Located about one mile from the town centre and within four miles of the A19, the site is mainly level and currently grassed. Adjoining high-class residences, it has a number of well-established trees on the eastern and western boundaries.
“The former ambulance depot, which comprises of four buildings, is located on the northern boundary.”