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Woodhorn Rd - Bellway House 532 sq ft Retail Unit Offered at £85,000 in Ashington NE63 0AE
INVESTMENT HIGHLIGHTS
- Prime town centre location
- Rental income £6000 per annum
- Ground floor retail investment
PROPERTY FACTS
| Total Property Size | 17,478 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 8,739 sq ft |
| Property Subtype | Shopfront | Year Built | 1985 |
| Costar Property Class | B | Total Plot Size | 0.44 ac |
| Total Property Size | 17,478 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 8,739 sq ft |
| Year Built | 1985 |
| Total Plot Size | 0.44 ac |
AMENITIES
- Accent Lighting
- Roller Shutters
- Storage Space
1 UNIT AVAILABLE
Unit 3
| Unit Size | 532 sq ft | Sale Type | Investment |
| Price | £85,000 | Tenure | Freehold |
| Price Per sq ft | £159.77 | Net Initial Yield | 7.05% |
| Unit Use | Retail | NOI | £5,992.50 |
| Unit Size | 532 sq ft |
| Price | £85,000 |
| Price Per sq ft | £159.77 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.05% |
| NOI | £5,992.50 |
DESCRIPTION
We are delighted to present to the market this selfcontained, single-storey mid terrace retail unit, ideally located in a prime position within Ashington Town Centre. The property is fully let to M & H Bakes, offering an attractive investment opportunity in a prominent retail location. The unit comprises 532.8 sq. ft. (49.5 sq. m.)*voa and features an open-plan retail area, kitchen/store, and WC facilities. The premises are well-presented, benefitting from a suspended ceiling with recessed lighting, air conditioning, and electric roller shutters.
SALE NOTES
£85,000
Freehold
7.05 % on Asking Price
NEARBY MAJOR RETAILERS
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Woodhorn Rd - Bellway House
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