Hawthorn Road, Ashington, Northumberland, NE63 0QU
- SIZE AVAILABLE
1,087 sq ft
101 sq m
- SECTOR
Restaurant for sale
Key features
- Two Storey Corner Property
- Ground Floor A5 Hot Food Takeaway
- First Floor Two Bedroom Flat
- Fully Let Generating Approx £9,000 Per Annum
- Very Prominent Position
- Freehold Title
Description
For sale is a two storey end of terrace investment property, situated along Hawthorn Road, Ashington. The property contains a ground floor hot food takeaway business, and a two bedroom first floor flat. The property is of traditional construction with pitched roof and brick main walls. The ground floor unit has window frontage and a commercial kitchen. The first floor property has a lounge, kitchen and two bedrooms. The property is currently fully tenanted and generating an income of approximately £9,000 per annum.
Location
The subject property is located within a mainly built up and established residential area of Ashington around a mile and a half from the main town centre, provided with access to a reasonable range of services and facilities.
Accommodation
GROUND FLOOR TAKEAWAY
Main Sales 23.1m2
Kitchen 19m2
Store 12.6m2
W.C.
FIRST FLOOR FLAT
Rear Stairs to:
Kitchen 3.3m x 3.6m
Lounge 3.3m x 4.1m
Internal Hall
Bedroom 2.8m x 3.1m
Bedroom 3.3m x 4m
Yard to the Rear
NIA: 101.3m2
Tenancy Information
We are advised the shop and flat are currently let to separate tenants.
Shop rented at £350 pcm.
Flat rented at £400 pcm.
This totals an annual income to £9,000 per annum.
Rateable Value
The adopted rateable value being £4,600 as effective from 01 APRIL 2026.
Source
Tenure
Freehold. TITLE NUMBER: ND28510.
EPC
Both available upon request.
First floor flat (rating D).
Ground floor commercial (rating C).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on commercial. . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Brochures
Hawthorn Road, Ashington, Northumberland, NE63 0QU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ashington Station0.6 miles
- Pegswood Station3.3 miles
- Widdrington Station4.9 miles
Notes
Disclaimer - Property reference 510023. 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.
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 Pattinsons, Pattinsons Commercial North East on 0191 743 9260.
*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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