Retail in NE63

Station Road, Ashington, Northumberland, NE63 9UJ

Brochure

+VAT
£290,000

Tenure: Unknown

Garreth Young
Branch Manager
0191 580 1587
commercial@pattinson.co.uk

Flexible viewing slots

Key Information

Electricity: National Grid
Mobile signal: Good
Parking: On Street, Disabled Parking Available

Property features

Tenanted Investment Opportunity
Rent: £26,500 per annum excluding VAT
Leases in Place until 2036
FREEHOLD

Retail in NE63

Prime Freehold High Street Investment – Station Road, Ashington

An opportunity to acquire a substantial freehold commercial investment occupying a prime and highly visible position on Station Road, Ashington’s main High Street.

The property extends to approximately 637.50 sq m (6,862 sq ft) arranged over three floors and is fully let, producing an established income stream with leases in place until 2036, offering long-term security for investors.

The ground and first floors operate as a substantial retail premises with ancillary storage, while the second floor is independently utilised as a dance studio, enhancing diversification of income within the building.

Situated in a strong trading position within Ashington town centre, the property benefits from excellent frontage, consistent pedestrian and vehicular traffic, nearby public parking and close proximity to national and independent occupiers.

This is a rare opportunity to secure a sizeable freehold commercial asset in a dominant High Street position with long-term tenant security and significant future potential.

EPC RATING: E

Location

The subject property is well located along Station Road. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 0.3 miles from Ashington town centre and approximately 17.7 miles from Newcastle city centre.

Accommodation

The accommodation is configured as follows: Ground Floor Retail Unit: 283.90 sq m (3,056 sq ft) First Floor Storage (serving ground floor): 235.20 sq m (2,532 sq ft) Second Floor Dance Studio: 118.40 sq m (1,274 sq ft)

Tenure

Freehold. Title number ND63071.

VAT

We are advised VAT is applicable on the purchase price.

EPC

Available upon request.

Additional Information

For further information please contact our Ashington office direct on 01670 568096, or alternatively via e-mail on ashington@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Videos

Second Floor

Ground Floor & First Floor

Open map Street view

Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic
Mobile signal: Good

Construction

Year built: 1820
Construction materials: Brick and block
Roofing types: Slate tiles

Building Safety

Property at particular risk of floods and/or erosion: No
Has flooded in last five years: No
Has flood defences: No
Has planning permission or proposals for development that will affect property: No
Is on a coalfield or mining area: Yes

Rights and Restrictions

Is listed building: No
Is conservation area: No
Has public right of way: No
Has accessibility adaptations: No
Has restrictions: No
Has required access (easements, servitude or wayleaves): No

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