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SOLD STC

Units 4&13 Jubilee Industrial Estate, Ashington, Northumberland, NE63

£195,000

£98.93 per sq. ft.

Business rates & charges may apply

Trans-Britannia Properties Limited, Rugby
SIZE AVAILABLE
1,971 sq. ft.
(183 sq. m.)
SECTOR
Light industrial facility for sale

Key features

  • PRICE - £195000
  • INCOME - £16,640
  • YIELD - 8.5%
  • Fully let on new 10 year FRI lease
  • Freehold

Property description

Tenure: Freehold

LOCATION
Jubilee Industrial Estate lies in a strategic position only 15 miles from Newcastle upon Tyne on the A196, within a few minutes drive of the A 189 which is a direct link to the A1M and the national road network. It is located 5 miles from Morpeth and 10 miles from the Port of Blyth.Other north east centres within a convenient distance include Sunderland (26 miles), Durham (36 miles) and Middlesbrough (54 miles). The estate is very popular and has a range of occupiers and uses.
DESCRIPTION
A comprehensive improvement programme has been completed at Jubilee Industrial Estate, to
provide a range of units with ample car parking. It reflects the general market in the North East
where there is a recognised shortage of secondary accommodation throughout the size ranges. Tenant demand has remained consistently strong putting continued upward pressure on rents and lowering of tenant incentives. A full estate management scheme is in place and the cost is recovered
from the tenants by way of a modest service charge. The units are built of traditional design and
materials with cladded walls and roof and provide approximately 1,972 sq ft (183.1 sq m) of light
industrial accommodation.

Brochures

Units 4&13 Jubilee Industrial Estate, Ashington, Northumberland, NE63

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pegswood Station3.1 miles
  • Morpeth Station4.6 miles
  • Widdrington Station5.2 miles

Notes

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Disclaimer - Property reference JMDJubilee. 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 Trans-Britannia Properties Limited, Rugby. 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.

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