Commercial Property in NE62 available for sale
8

Commercial Properties for Sale near NE62, Choppington

Commercial Properties for Sale Within 5 miles of the NE62, Choppington

More details for Bassington Ave, Cramlington - Land for Sale

Industrial Land - Bassington Ave

Cramlington, NE23 8AQ

  • Land for Sale
  • 3.95 ac Plot

Cramlington Land for Sale

Prominent freehold development site 1.6 Hectares (3.95 Acres) Bassington Industrial Estate is located just off the A1172, approximately ½ mile north-west of Cramlington town centre. The A19/A1 intersection is approximately 1.5 miles to the south west of the site along the A1068 Fisher Lane. This gives excellent access to the arterial road network throughout the region with Newcastle being 12 miles to the South The site also benefits from being adjacent to Cramlington railway station, which is located on the main east coast line with journeys of approximately 15 minutes from Cramlington to Newcastle Central Station. The site is well located for Newcastle International Airport which is approximately 10 miles to the south-west and is accessed via the A1 and the A696. The site is currently vacant and will be levelled with an access off Bassington Drive. It is bounded north by a wooded plantation and to the east by a new residential housing development with Bassington Drive to the west and Bassington Avenue to the south. The total site area edged red on the plan extends to approximately 1.6 hectares (3.95 acres). The site is suitable for B1(c) light industrial, B2 general industrial and B8 storage and distribution. Interested parties are advised to make specific enquiries to Northumberland County Council Planning Department on 01670 843434 or planning@northumberland.gov.uk

Contact:

HTA Real Estate

Property Subtype:

Industrial

Date on Market:

02/12/2025

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More details for Bassington Ln, Cramlington - Land for Sale

Industrial Development Land - Bassington Ln

Cramlington, NE23 8AD

  • Land for Sale
  • 5 ac Plot
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More details for Albion Way, Blyth - Industrial for Sale

Albion Court - Albion Way

Blyth, NE24 5BW

  • Industrial for Sale
  • £450,000
  • 3,763 sq ft
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FAQs about Commercial Properties For Sale in NE62

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How many Commercial Property listings are available for sale in NE62?
There are currently 0 Commercial Properties available for sale near NE62. These NE62 Commercial Property listings have an average size of. The largest available listing in NE62 is. The thriving commercial centre and excellent transport links in NE62 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in NE62?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in NE62 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in NE62?
There is a diverse range of commercial properties available in NE62 to suit various business needs. NE62 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 NE62 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the NE62, Choppington

You searched for commercial property for sale in NE62. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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