No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

2 bedroom property

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Property
2 bed
0 bath

Key information

Tenure: Freehold
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Freehold
  • Freehold Investment Property
  • Fully let
  • Good location
  • Gross income circa £12,700 per annum
TWO SHOPS WITH APARTMENT ABOVE

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

Places of interest

    Andrew Lawson Estate Agents is a well established independent estate agency based in Jesmond, Newcastle upon Tyne, that provides a personal and professional service of the highest quality. All members of staff have a wealth of experience and a comprehensive knowledge of the Newcastle upon Tyne and North East property market. As well as residential sales Andrew Lawson Estate Agents operates a commercial sales and letting's department that incorporates land acquisition and development appraisals. We can guarantee that, from instruction to legal completion, your transaction will be handled with professionalism, confidentiality and efficiency by senior members of the firm.

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    *DISCLAIMER

    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.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.