Takeaway for sale251/251a Hawthorn Road, Ashington, NE63
Guide Price* 101 sq. m. | £110,000
- 1,090 sq ft (101 sq m)
- Tenanted Investment
- Ground Floor Takeaway
- Let at £6,500 PA
- First Floor 2 Bed Flat
- Let at £350 PCM
For sale is a two storey end of terrace investment property situated within Hawthorn Road, Ashington. The property contains a ground floor hot food takeaway business currently let for £6500PA and a first floor flat currently let for £350PCM. The property is of traditional construction with pitched roof and brick main walls. The ground floor unit has window frontage and a commercial kitchen. The first floor property has a lounge, kitchen and two bedrooms. As stated, the property is tenanted and therefore copies of the tenancy agreements are available on request.
The subject property is located within a mainly built up and established residential area of Ashington around a mile and a half from the main town centre, provided with access to a reasonable range of services and facilities.
GROUND FLOOR TAKEAWAY
Main Sales 23.1m2
FIRST FLOOR FLAT
Rear Stairs to:
Kitchen 3.3m x 3.6m
Lounge 3.3m x 4.1m
Bedroom 2.8m x 3.1m
Bedroom 3.3m x 4m
Yard to the Rear
The ground floor takeaway is let for a term of 25 years from May 2015 at a rent of £6500 PA.
The first floor flat is let for six month on assured short-hold tenancy terms from £350 PCM.
The adopted rateable value being 2,550 pounds as effective from 01 APRIL 2010. Source www.voa.gov.uk.
We currently await a copy of the EPC.
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We await confirmation that VAT is payable on this transaction.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinson Estate Agents, Commercial on 0191 4251507.
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