Commercial Property|Freehold
Otterburn Hall, Otterburn, Newcastle upon Tyne, Tyne and Wear, NE19 1HE
42-44 Station Road, Ashington, Northumberland, NE63 9UJ
The property comprises a ground and first floor retail unit let to Sense, who trade from the ground floor and use the first floor for storage and back of house facilities. The second floor is self-contained and accessed via a ground floor entrance on to Station Road. It comprises a large open-plan room for the studio along with some ancillary rooms. High Yielding Retail Investment. Retail Unit and Two-Upper Storeys. Fully-Let Until 2036. Well-Located in Ashington Town Centre. Located on a High Footfall Street. Comprises 6,862 sq ft (637.50 sqm). Investment Let at £26,500 per annum (12.92% GIY on Guide Price) .
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Status verified with Savills Auctions 2 hours ago
Raise a Paddle for lots like thisNorthumberland, NE63. Indicative location. Sources
Listed by Savills Auctions · Lot 296 · Checked 15 Oct, 09:02
| Year sold | Sold price | Change |
|---|---|---|
| 2022 | £330,000 | +18% |
| 2021 | £280,000 | +180% |
| 2021 | £100,000 |
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Commercial Property|Freehold
Otterburn Hall, Otterburn, Newcastle upon Tyne, Tyne and Wear, NE19 1HE