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42-44 Station Rd 6,862 sq ft 100% Let Retail Property Ashington NE63 9UJ £300,000 (£43.72/sq ft)
Investment Highlights
- Tenanted Investment Opportunity
- Leases in Place until 2036
- Rent: £26,500 per annum excluding VAT
- FREEHOLD
Executive Summary
An opportunity to acquire a substantial freehold commercial investment occupying a prime and highly visible position on Station Road, Ashington’s main High Street.
The property extends to approximately 637.50 sq m (6,862 sq ft) arranged over three floors and is fully let, producing an established income stream with leases in place until 2036, offering long-term security for investors.
The ground and first floors operate as a substantial retail premises with ancillary storage, while the second floor is independently utilised as a dance studio, enhancing diversification of income within the building.
Situated in a strong trading position within Ashington town centre, the property benefits from excellent frontage, consistent pedestrian and vehicular traffic, nearby public parking and close proximity to national and independent occupiers.
This is a rare opportunity to secure a sizeable freehold commercial asset in a dominant High Street position with long-term tenant security and significant future potential.
EPC RATING: E
Property Facts
Amenities
- Commuter Rail
- Signage
- Roller Shutters
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Gladwin Dancing Schools
- -
- 500 sq ft
- -
- -
-
- -
- 5,588 sq ft
- -
- Jul 2036
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- The Gladwin School of Dance and Drama
- -
- 1,274 sq ft
- -
- Sep 2036
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Gladwin Dancing Schools | - | 500 sq ft | - | - | ||
|
|
- | 5,588 sq ft | - | Jul 2036 | ||
| The Gladwin School of Dance and Drama | - | 1,274 sq ft | - | Sep 2036 |
Nearby Major Retailers
-
Pattinson Commercial
Presented by
42-44 Station Rd
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