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COMMERCIAL

Station Road, Ashington

£220,000
Rickard Chartered Surveyors & Estate Agents, Morpeth
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • INVESTMENT OPPORTUNITY
  • BUSINESS NOT AFFECTED
  • LEASE DATED 31st OCT 2023
  • TEN YEAR TERM
  • PROMINENT LOCATION
  • Approx 7 % yield
  • EPC RATING C

Description

An excellent opportunity to acquire a prominent Freehold investment property positioned on the highly visible corner of Station Road, Ashington. Ideally located close to the new railway station and within easy reach of Asda, the property benefits from strong passing footfall and ongoing regeneration in the immediate area—making it a particularly attractive long-term investment.

The property comprises a substantial corner building arranged over three floors, offering an imposing presence and strong commercial appeal. The current tenant holds a lease over the entire building, although they presently utilise only the ground floor. The lease does permit the tenant to sublet the upper parts should they wish, however this would remain under the tenant’s control rather than the purchaser’s.

Generating an attractive yield of approximately 7%, this is a compelling addition to any investor’s portfolio, providing a secure income stream from an established tenant.

A rare opportunity to acquire a well-located, income-producing asset in a growing area. Early enquiries are highly recommended.



Brochures

Station Road, AshingtonBrochure

Station Road, Ashington

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ashington Station0.1 miles
  • Pegswood Station3.0 miles
  • Widdrington Station4.4 miles

About Rickard Chartered Surveyors & Estate Agents, Morpeth

25 Newgate Street, Morpeth, NE61 1AW
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

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Notes

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Disclaimer - Property reference 34577018. 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 Rickard Chartered Surveyors & Estate Agents, Morpeth. 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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