Pub for sale
Station Road, Ashington, Northumberland, NE63
Business rates & charges may apply
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Pub for sale
Description
Located in Ashington, this newly refurbished, two-storey public house presents an attractive income-producing investment opportunity, offered for sale subject to an existing tenancy.
The property is arranged over two floors and benefits from a high-quality modern fit-out throughout. The ground floor comprises two well-appointed bar areas, providing flexible and appealing trading space. The first floor offers a spacious function room, suitable for private hire and additional revenue generation.
The premises are currently let on a 5-year lease, restricted to public house use, producing a passing rent of £24,000 per annum. This provides a strong level of income relative to the guide price, with scope for investors to assess returns based on their purchase price.
With generous internal accommodation, recent refurbishment, and secure occupational income, the property represents a compelling opportunity to acquire a well-presented licensed premises in an established location.
Sale of part of title number ND194282. Please refer to the legal pack for full information.
Station Road, Ashington, Northumberland, NE63
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ashington Station0.3 miles
- Pegswood Station2.6 miles
- Widdrington Station4.3 miles
Notes
Disclaimer - Property reference SND260007. 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 Bradley Hall, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Bradley Hall, Newcastle Upon Tyne on 0191 743 7550.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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