Units 14-20, Jubilee Industrial Estate, Ashington
£107.14 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,600 sq ft
520 sq m
- SECTOR
Commercial property for sale
Key features
- Multi-Let Industrial Investment Opportunity
- 7 x Industrial/Workshop Units
- 6 Let to Separate Tenants, with one rental guarantee
- WAULT of 4.23 Years to Expiry
- Asset Management Potential
- Located within an Established Industrial Estate
- Investment Let at £55,954 p.a. (9.33% on Guide Price)
Description
Arranged as seven workshop units with yard area to the front, the property is let to six tenants with a Weighted Average Unexpired Lease Term (WAULT) of 4.23 years and producing a total annual rent of £55,954 per annum.
The investment offers a diverse income stream, with a mix of lease expiry dates, and both index-linked and open market rent reviews offering asset management potential. Please see the accommodation/tenancy schedule for more information.
Jubilee Industrial Estate forms one of the principal industrial areas in Ashington, benefitting from easy access to the A1 and A189 which in turn provide access throughout the North-East.
Brochures
Units 14-20, Jubilee Industrial Estate, Ashington
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ashington Station0.8 miles
- Pegswood Station3.0 miles
- Morpeth Station4.5 miles
Notes
Disclaimer - Property reference 1F1512D5-4836-40D0-B291-B83E370199A4. 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 Savills, Savills Auctions- Commercial. 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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