Commercial Properties For Sale in Northumberland
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HIGH-YIELD INDUSTRIAL INVESTMENT - 8.5% NET RETURNUnit 7, Bassington Lane, Cramlington, Newcastle, NE23 8AFFreehold industrial unit producing £20,280 p.a., let on a new 10-year full repairing lease, with rent reviews to the higher of RPI or market rent.Guide Price: £238,000 | Yield: 8.5%
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The property comprises a mid-terraced three storey building with brick elevations under a dual-pitched tiled roof. The ground floor retail space is fully utilised by Specsavers and incorporates retail area, stores and staff amenity areas. The two upper floors consist of vacant office space which have been divided into a number of individual suites and could therefore be utilised by either a single or multiple tenants. The offices have been recently refurbished by the landlord with specification including LED lighting, electric heating, carpeting and kitchen/WC facilities. To the rear of the property, with access from Eastgate, there are 4 car parking spaces which are allocated to Specsavers.
- Freehold
- Ground floor retail space let to Specsavers Optical Superstores Limited
- 9.5 years to expiry (4.5 years to break) on Specsavers lease
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Freehold industrial investment opportunity producing £20,540 per annum, let on a new 10-year full repairing lease with rent reviews linked to the greater of RPI or market rent. Guide price £240,000 reflecting an attractive net initial yield of 8.5%.
- PASSIVE INVESTMENT OFFERING 8.5% YIELD
- TOTAL RENTAL INCOME- £20,540p.a
- YIELD – 8.5%
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The property comprises a semi-detached brick built structure with steel portal frame and cladding to the elevations along with a pitched felt roof with glass skylights. There is one external roller shutter door which measures 3.99m wide by 3.67m high along with further double door access to the warehouse with an office and amenity block to the front of the property which extends over ground and first floors. This space is carpeted and includes suspended ceilings with fluorescent tube lighting. To the rear of the first floor offices there is also a first floor storage mezzanine with additional stairway access from the warehouse. There is an extensive yard to the southern elevation of the property laid with tarmac surface and fenced with metal palisade fencing with double gates which provide access to Cowley Road. Measured electronically, this yard space extends to circa 0.16 acres.
- Available now
- Rarely available
- Large secure external yard space
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WARK ESTATE AND TWEED FISHINGS WARK, CORNHILL-ON-TWEED, NORTHUMBERLAND EXCEPTIONAL AGRICULTURAL, RESIDENTIAL AND SPORTING ESTATE BEAUTIFULLY LOCATED IN THE HEART OF THE TWEED VALLEY AND INCLUDING TWO PRIME SALMON BEATS ON THE RIVER TWEED. For sale in 3 Lots or as a whole.
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WARK ESTATE AND TWEED FISHINGS - LOT 3 WARK, CORNHILL-ON-TWEED, NORTHUMBERLAND EXCEPTIONAL AGRICULTURAL, RESIDENTIAL AND SPORTING ESTATE BEAUTIFULLY LOCATED IN THE HEART OF THE TWEED VALLEY AND INCLUDING TWO PRIME SALMON BEATS ON THE RIVER TWEED.
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WARK ESTATE AND TWEED FISHINGS - LOT 2 WARK, CORNHILL-ON-TWEED, NORTHUMBERLAND EXCEPTIONAL AGRICULTURAL, RESIDENTIAL AND SPORTING ESTATE BEAUTIFULLY LOCATED IN THE HEART OF THE TWEED VALLEY AND INCLUDING TWO PRIME SALMON BEATS ON THE RIVER TWEED.
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Development Opportunity . Approximately 0.68 Hectares (1.68 Acres) . Existing Buildings approximately 1,079 Sq M (11,614 Sq Ft) . Upon instructions of the Joint Administrators : DEVELOPMENT OPPORTUNITY APPROXIMATELY 0.68 HECTARES (1.68 ACRES) WITH EXTANT PLANNING FOR 32 APARTMENTS AND 2 TOWNHOUSES
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DESCRIPTION: The subject property currently trading as Bistro 23 comprises a ground floor café premises providing open plan retail / seating area allowing for up to 38-40 covers, a large commercial kitchen, office, storage room and public W/C’s. In addition, the sale of the freehold ...
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Bradley Hall are excited to market a unique opportunity for the development of Orchard Garden. The site is situated in Cramlington, a town located around 9 miles north of Newcastle upon Tyne. It offers strong transport connections, with easy access to both the A19 and A1, and benefits from its po...
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OPPORTUNITY Bradley Hall is delighted to be appointed to market this residential development opportunity in Cambois, Northumberland. LOCATION Cambois is a small, seaside village located in Northumberland, England and is a popular tourist destination due to its natural beauty...
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160-2 Detached property - 4 bed 4 bath house across 2 floors (162) PLUS business premises, ground floor only (160), total 2237sq ft. The building offers a high-quality four-bedroom residential dwelling together with an integral commercial premises currently fitted out as a wellness/gym...
