122-122a Milburn Road, Ashington £70,000

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“I have worked with the RMS Commercial team on a variety of projects, from business sales and negotiation through to commercial property sales and marketing. I have always found the team effective and responsive and they have consistently secured excellent tenants. I will continue to use RMS in the future and would happily recommend them” – Glen Perry, Managing Director

122-122a Milburn Road, Ashington £70,000

 

On Market

122-122a Milburn Road, Ashington

 

 

Freehold property to buy. Mixed use investment opportunity on busy shopping parade. Rental yield currently 6.6% on asking price (rising to 13.29% when fully let).
Comprising tenanted ground floor retail unit (£4,000 per annum, rising to £4,500 per annum in 2018), vacant self-contained 2 bed flat (potential of £350 per month) and tenanted garage/workshop (£600 per annum). Total income currently £4,600 per annum (rising to £9,300 per annum, when fully let).
EPC: C
Freehold £70,000
Ref 485

 


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  • Area: 122-122a Milburn Road Ashington Ashington Northumberland NE63 0PQ Ashington 
  • Price Range: £70,000 
  • Branch: Northumberland 
  • Type: Commercial 
  • Commercial Property: Commercial Sales 
  • Type of Property: Investment 
  • Business Type: Investment 
  • main_advert: Freehold property to buy. Mixed use investment opportunity on busy shopping parade. Rental yield currently 6.6% on asking price (rising to 13.29% when fully let).

    Comprising tenanted ground floor retail unit (£4,000 per annum, rising to £4,500 per annum in 2018), vacant self-contained 2 bed flat (potential of £350 per month) and tenanted garage/workshop (£600 per annum). Total income currently £4,600 per annum (rising to £9,300 per annum, when fully let).

    EPC: C

    Freehold £70,000

    Ref 485