Station Road, Ashington, Northumberland, NE63 8RN
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Key features
- Mixed-Use Investment with Immediate Rental Income
- Tenanted 2-Bed Flat at £500 PCM
- Ground Floor Retail Unit in Prime Location
- High Footfall Town Centre Position
- Close to Ashington’s New Train Station
Description
The ground floor features a well-proportioned retail unit, suitable for a variety of uses (subject to consents). Above, the first floor hosts a self-contained 2-bedroom flat, currently tenanted at £500 PCM, providing immediate rental income. The flat includes a lounge, kitchen, and bathroom, along with access to a large loft space offering further potential (subject to permissions).
Located on Station Road, the property benefits from a prominent position within Ashington's established commercial and retail core, with strong footfall and excellent transport links nearby.
An attractive option for investors seeking a versatile and income-generating asset in a well-connected and evolving area.
Location
The subject property is located on Station Road, within an established retail and commercial area of Ashington town centre. Ashington is a significant business and residential hub in south east Northumberland, serving both the local population and surrounding communities.
The area benefits from excellent road connectivity via the A189 Spine Road, providing direct access to other parts of Northumberland and the wider North East region.
The location is also set to benefit from major regeneration projects, most notably the reopening of Ashington Train Station, which will restore direct rail links to Newcastle and significantly improve public transport options. Additionally, the new Northumberland College campus, soon to open at Wansbeck Business Park, is expected to bring increased footfall, employment, and demand to the area – further enhancing its appeal for both commercial and resi...
Ground Floor Retail Unit
88 Sq M / 942 Sq Ft
The ground floor comprises a spacious main front room, ideal for retail or customer-facing use, leading to two private consultation rooms. A rear hallway provides access to a large walk-in storage area, along with a kitchenette and toilet facilities.
To the rear, the property benefits from a generously sized enclosed yard, offering additional storage or delivery access if required.
This flexible layout is well-suited for a range of uses, subject to any necessary consents.
First Floor Residential Flat
74 Sq M / 798 Sq Ft
Accessed via a private entrance, the flat comprises an entrance hall with stairs leading to a first-floor landing, a spacious lounge, fitted kitchen, two bedrooms, and a bathroom with WC.
The flat is currently let at £500 PCM, offering immediate rental income, with potential to achieve up to £650 PCM based on current market conditions.
Ideal for investors, the property also benefits from a large loft space, offering potential for additional storage or future development (subject to the necessary consents).
Rateable Value
According to the Valuation Office Agency (VOA), the current rateable value for 60/60A Station Road, Ashington, NE63 8RN, effective from 1 April 2023, is £5,800.
Tenure
FREEHOLD Title Number - ND32998
EPC
Energy Performance Certificate: C
Available upon request.
Energy Performance Certificates
EPCBrochures
Station Road, Ashington, Northumberland, NE63 8RN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ashington Station0.1 miles
- Pegswood Station2.7 miles
- Widdrington Station4.3 miles
Notes
Disclaimer - Property reference 485239. 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 Pattinsons, Pattinsons Commercial North East. 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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