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Get brand editions for Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
COMMERCIAL

Commercial property for sale

154/154a Milburn Road, Ashington

£115,000
Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Two retail units on popular shopping parade
  • Rental income of £10500 per annum
  • 9.13% yield on asking price
  • Excellent passing trade
  • On street parking

Description

Property for sale. Commercial investment opportunity on popular shopping parade. Rental income £10,500 per annum. Generating rental yield of 9.13% on asking price.
Two ground floor retail units on corner of busy street. Corner retail unit is currently being used as a dog groomers with a rental income of £6,300 per annum (which will increase to £6,500 per annum, from October 2027). Smaller retail unit is currently being used as a massage therapist, with a rental income of £4,200 per annum. On street parking. Excellent passing trade.
EPC: C & D
Freehold £115,000
Ref I394

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154/154a Milburn Road, Ashington

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ashington Station0.7 miles
  • Pegswood Station3.3 miles
  • Morpeth Station4.9 miles
Get brand editions for Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

About Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Industry affiliations:

Rook Matthews Sayer Business Sales and Rook Matthews Sayer Commercial are divisions of RMS which is widely recognised as one of the region's leading names in property services.

RMS employs around 120 people in the group's 15 offices with our dedicated business sales and commercial department based at our Head Office in Newcastle dealing with a wide range of businesses and property throughout the North East from North Yorkshire to the Scottish Borders.

We have over 40 years of experience in advising buyers and sellers of businesses and our market leading service is uniquely placed to maximise value

Notes

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Disclaimer - Property reference 12417608. 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 Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties. 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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