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Ashington £80,000 Freehold REF: NE1641

Location

This business is located within a small terrace of suburban shops approximately 1 mile from the town centre. Adjacent occupiers comprise mainly small independents but includes a pet supplies store and a hair & beauty salon.

Ashington is a former mining town approximately 15 miles north east of Newcastle upon Tyne and easily accessible via the A189 Spine Road.  There are a number of new housing developments on and around the town boundaries and the planned reopening of the railway station in 2024 is likely to be of great benefit to commerce and the local population.  

Description

This property comprises a self-contained ground floor unit which forms part of a larger two storey mid terrace building.

Accommodation

The property has been measured in accordance with the Code of Measuring Practice and reported on a Gross Internal Area basis as follows:

Ground Floor

Service Area    circa 175 sq.ft. (16.3 sq.m).

Kitchen Area    circa 260 sq.ft. (24.2 sq.m).

Prep 1              circa 140 sq.ft. (13.1 sq.m).

Prep 2              circa 175 sq.ft. (16.3 sq.m).

W.C.

 

External

Yard Area.

Occupational Lease

The property is occupied by way of a 20 year lease dated from 2013 at a current rent of £9,600 per annum (£800 per month). There are rent reviews every 5th year.  Interested parties should seek legal confirmation of this.

EPC

Rating – TBC

Services

Water, gas, electric and sewerage are installed and the property is in good order throughout. 

Rates:

The premises are assessed as follows:

RATEABLE VALUE    £4,200

Rates free incentives are available subject to status.

Viewing

Strictly by appointment with this office. 

Tenure

We are verbally informed that the premises are Freehold.  Interested parties should seek legal confirmation of this.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, always happy to help.

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