Mixed Use for sale

Crofton Mill House, Croft Road, Blyth, NE24

Fixed Price £800,000

Property Description

Key features

  • Fantastic Investment Opportunity
  • Thirteen Apartments
  • Beautifully Appointed
  • Must be Viewed

Full description

Tenure: Freehold

The property is large converted building (originally Blyth Co-op) comprising 13 flats over three floors with entry phone security system. The ground floor of the property was previously 4 retail units and have now been renovated into 4 flats.

LOCATION:
The subject property is situated on Croft Road in Blyth a Town Centre in Northumberland. Blyth is a prominent coastal town in South East Northumberland historically known for its sea port and as a key employment area in the county. The town is provided access to a wide variety of services and facilities as well as access to other areas within Northumberland and North Tyneside.

ACCOMMODATION:
No 1: 1 bedroom - 350 per calendar month
No 2: 2 bedroom - 375 per calendar month
No 3: 1 bedroom - 350 per calendar month
No 4: 1 bedroom - 370 per calendar month
No 5: 2 bedroom - 375 per calendar month
No 6: 2 bedroom - 400 per calendar month
No 7: 1 bedroom - 350 per calendar month
No 8: 2 bedroom - 375 per calendar month
No 9: 1 bedroom - 350 per calendar month
No 51 (New Ground Floor): 1 bedroom - 420 per calendar month
No 53 (New Ground Floor): 1 bedroom - 385 per calendar month
No 55 (New Ground Floor): 1 bedroom - 385 per calendar month
No 57 (New Ground Floor): 1 bedroom - 400 per calendar month

Total Rents Per Calendar Month: 4,885
Total Rents Per Annum: 58,620
(Fully occupied)

Total NIA Approx: 620.692m2 (Source Promap)

TENURE:
The subject property is offered by way of Freehold title.

BUILDING REGULATIONS:
New ground floor donates, new development of 4 ex shops into flats on ground floor hence difference in rents for No 51,53,55 and 57 one beds.

Building Control Cert. Building Control (Application Ref 12/01562/FP) Northumberland County Council dated 23/12/2013 completion certificate.

ELECTRIC REPORTS AND CERTIFICATES:
Flat No 1,2,3,4,5,6,7,8 and 9.
Certificates from 08/07/2008 to 07/08/2018.

Flat No 55 and 57
Certificates from 23/05/2013 to 22/05/2023.

Flat No 51 and 53
Certificates from 04/12/2013 to 03/12/2023.

EPC:
We currently have EPC's for No 3,6,9,51,53,55,57. Available on request.

We await EPC for the rest of the building.

Nearest station

  • Cramlington (4.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Cramlington (4.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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