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AGENT'S DETAILS


Income producing @ 8.55% return. FRI lease

For sale: £210,000.00|800 - 2400 Sq Ft|Industrial, General Industrial, Light Industrial, Storage

PROPERTY DETAILS

FOR SALE£210,000.00
SIZE800 - 2400 Sq Ft
ADDRESS18-20 Jubilee Industrial Estate, Ashington, NE63 8UB
TYPEIndustrial, General Industrial, Light Industrial, Storage
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON10th August 2020

DESCRIPTION

The property comprises three freehold, adjacent small industrial units, each of 800 sq ft, within a terrace of similar units, on a popular estate, which is located close to all major transport routes.
Each unit is let on a 10 year full tenant repairing lease with 3 yearly rent reviews to the greater of RPI or market rent.
The current rent roll is £17,940 p.a.

LOCATION

Location: 18-20 Jubilee Industrial Estate, Ashington, NE63 8UB

Pegswood (3.0 miles)

Morpeth (4.6 miles)

Widdrington (5.2 miles)

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