This property is no longer on the market
2 bedroom property
Key information
Property description & features
- Tenure: Freehold
- Freehold Investment Property
- Fully let
- Good location
- Gross income circa £12,700 per annum
Good opportunity to acquire a mixed use freehold investment property occupying a good secondary position on the main thoroughfare of Ashington and within close proximity to the Post Office and underground car park. The property consists of two ground floor shop units (one trading as dressmaker the other Hot Food together with a good sized modernised 2 bedroom flat to the first floor with gas fired central heating and Upvc framed double glazing. All three units are let and the gross annual income at present £12,660 per annum which reflects nearly a 10% return.
Established tenants all in lease.
62 Station Road
Frontage 3.5m x Depth 5.8m
Corridor with understair cupboard to
Store Room
3.3m x 3.3m fitted work tops, fluorescent lighting
Back Shop
7.4m x 3.2m stainless steel sink unit, fluorescent lighting
Use: Currently trading as a fashion shop
Rent £5,460 per annum
Energy Performance Rating "E"
Rateable Value £2900
62a Station Road
Frontage 3.6m x Depth 5.8m Presently used as dressmakers/haberdashery
Back Shop
1.7m x 2.4m
Room 7.9m x 1.1m
Rent £3,120 per annum
Energy Performance Rating "D"
Business Rateable value £3900
62b Station Road
Modernised well maintained and decorated first floor flat, with gas fired central heating and upvc double glazing, approached via a rear staircase door leading to
Spacious Living Room
Period fireplace, radiator
Large well appointed kitchen
Fitted base and wall units, work tops, sink unit, Gas fired central heating boiler,
Two Good sized Bedrooms with radiators
Large Bathroom /w.c.
Energy Performance Rating "D"
Rent: £4080 per annum
Council Tax Band "A"
Price £135,000
Viewing: By appointment through Andrew Lawson Estate Agents
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Property reference 2804. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Lawson Estate Agents - Jesmond.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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