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UNDER OFFER

36 Station Road, Ashington, Northumberland, NE63

£140,000

£77.91 per sq ft

Business rates & charges may apply

James Southern Real Estate Ltd, Durham
SIZE AVAILABLE

1,797 sq ft

167 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops and A2 Financial and Professional Services

A1, A2

Key features

  • Strong local Covenant
  • Hays Travel Largest Independent Travel Agent in UK
  • 9 Year Lease at £12,000 pax

Description

LOCATION
The property is situated in the prime position on the main shopping street of Station Road, Ashington, Northumberland. Nearby occupiers include Greggs & Boots plc.

ACCOMMODATION
Hays Travel have occupied the two-storey premises for over 25 years with the ground floor providing customer service space and the first floor providing office/ ancillary storage space.
The premises has access to the rear yard which leads onto the rear lane of Station Road.

Ground Floor Space:
approx 900 sq.ft

First Floor:
approx 900 sq.ft

Yard to rear with access to lane.


LEASE
A new 9 year lease has been agreed at £12,000 per annum exclusive- effective from 31 July 2025.
There are break clauses at Years 3 and 6. Rent Review Year 5.


BUSINESS RATES
The premises have a Rateable Value of £8,300 per annum. The small business rate multiplier is 49.9p. There may be Small Business Rates Relief available.


ENERGY PERFORMANCE CERTIFICATE
Rating C

TERMS OF SALE
The Freehold of the Premises are offered for sale for £140,000.

PLANNING
The property are classed as Retail and would therefore be under Class E of Use Classes Order (2021)

LEGAL COSTS
Each party to bear their own legal costs associated with the transaction.

MONEY LAUNDERING REGULATIONS
Proof of funds to be provided along with ID & Source of Funds prior to instructing solicitors.

VAT
The Property is elected for VAT and therefore any offer will be subject to VAT where chargeable.

VIEWING
Strictly by appointment through the agent. Call or

Energy Performance Certificates

EPC Rating C

36 Station Road, Ashington, Northumberland, NE63

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ashington Station0.1 miles
  • Pegswood Station2.9 miles
  • Widdrington Station4.4 miles

About James Southern Real Estate Ltd, Durham

High Street, Spennymoor, DL16 6BB

Notes

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