154/154a Milburn Road, Ashington

£115,000
Milburn Road 154/154a Ashington NE63 0PH UK
154/154a Milburn Road, Ashington
Milburn Road 154/154a Ashington NE63 0PH UK
  • £115,000

Features

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

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

Downloads

Property Documents

Energy Performance Certificate
Brochure

Overview

  • Commercial, Sale
  • Property Type
  • 0
  • Bedroom
  • 0
  • Bathroom

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