Takeaway for sale

251/251a Hawthorn Road, Ashington, NE63

Guide Price* 101 sq. m. | £110,000

Property Description

Commercial information

  • 1,090 sq ft (101 sq m)

Key features

  • Tenanted Investment
  • Ground Floor Takeaway
  • Let at 6,500 PA
  • First Floor 2 Bed Flat
  • Let at 350 PCM

Full description

Tenure: Freehold

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.

LOCATION
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.

ACCOMMODATION
GROUND FLOOR TAKEAWAY
Main Sales 23.1m2
Kitchen 19m2
Store 12.6m2
W.C.

FIRST FLOOR FLAT
Rear Stairs to:
Kitchen 3.3m x 3.6m
Lounge 3.3m x 4.1m
Internal Hall
Bedroom 2.8m x 3.1m
Bedroom 3.3m x 4m
Yard to the Rear

TENURE
Freehold.

LEASE TERMS
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.

RATEABLE VALUE
The adopted rateable value being 2,550 pounds as effective from 01 APRIL 2010. Source www.voa.gov.uk.

EPC
We currently await a copy of the EPC.

VAT
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We await confirmation that VAT is payable on this transaction.

Nearest stations

  • Pegswood (3.4 mi)
  • Widdrington (4.9 mi)
  • Morpeth (5.0 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 stations

  • Pegswood (3.4 mi)
  • Widdrington (4.9 mi)
  • Morpeth (5.0 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.

Disclaimer - Property reference 2784. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*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 2324392.


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