Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property
UNDER OFFER

Green Lane, Ashington, Northumberland, NE63 0EF

£1,160,000

£69.14 per sq ft

Business rates & charges may apply

Naylors Gavin Black LLP, Newcastle Upon Tyne
SIZE AVAILABLE

16,777 sq ft

1,559 sq m

SECTOR

Light industrial facility for sale

Key features

  • 23 workshop units and 10 small self-contained offices.
  • Reversionary income.
  • Most tenants holding over, providing significant asset management opportunities.
  • 16,777 sq. ft of floorspace.
  • Gross rental income £93,306.29 pa.
  • £69.14 psf capital value.

Description

Location

The estate is located within a mixed commercial and residential area of Ashington. Ashington is a busy Northumberland town located 17 miles north east of Newcastle upon Tyne, with access principally via the dualled A189 Spine Road.


Description

The development comprises two terraces of multi-let industrial units each with full height roller shutter doors.

To the front of the scheme there is a block of multi-let offices providing individual suites let on flexible terms.

Services

Access to a comprehensive data room containing title, lease, service charge information is available to interested parties on request.

Tenure Comments

Freehold subject to the occupational tenancies. The offices are let on an 'all inclusive' basis with no other recourse to tenants for landlords outgoings.

The workshop units are drawn on effectively fully repairing and insuring terms by way of a maintenance rent and as detailed within the schedule.

EPC

An EPC is available on request.

Legal Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Brochures

Green Lane, Ashington, Northumberland, NE63 0EF

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pegswood Station3.0 miles
  • Morpeth Station4.7 miles
  • Widdrington Station4.9 miles

About Naylors Gavin Black LLP, Newcastle Upon Tyne

One Strawberry Lane Newcastle Upon Tyne NE1 4BX

As commercial property specialists for the North East, Naylors have their head office in the heart of Newcastle. The firm was founded twenty years ago by Bill Naylor, managing director, and has retained its independence, growing to become one of the most respected practices in the area.

This is reflected in Naylors being invited to represent the North East through membership of PAI, a prestigious organisation of like-minded professionals covering most of the Uk.

Today, Naylors handle a wide range of commercial and industrial properties in an area that stretches from Yorkshire to Northumberland and beyond. Our client list includes every kind of organisation from public bodies and national chains to local SME companies.

It is the quality of our people that makes the difference. Fully qualified professionals with a commitment to their clients’ interest and the in-depth knowledge to provide a tailor-made service.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3130FH. 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 Naylors Gavin Black LLP, Newcastle Upon Tyne. 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.

Map data ©OpenStreetMap contributors.

Email

Call

Email