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AGENT'S DETAILS


Income producing @ 8.55% return. FRI lease

For sale: £280,000.00|800 - 3200 Sq Ft|Industrial, General Industrial, Light Industrial, Storage

PROPERTY DETAILS

FOR SALE£280,000.00
SIZE800 - 3200 Sq Ft
ADDRESSUnits 14-17 Jubilee I. E. Ashington, NE63 8UB.
TYPEIndustrial, General Industrial, Light Industrial, Storage
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON17th August 2020

DESCRIPTION

Industrial investment opportunity suitable for the smaller investor and SIPP purchase located on a popular estate and comprising 4 units, each of 800 sq ft, and producing a total income of £23,920 p.a. from 10 year full repairing leases with rent reviews to the greater of RPI or market rent.

LOCATION

Location: Units 14-17 Jubilee I. E. Ashington, NE63 8UB.

Pegswood (3.9 miles)

Morpeth (5.4 miles)

Cramlington (5.7 miles)

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