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A Mid Terrace Building Comprising a Ground Floor Retail and a First Floor Two Bedroom Flat Currently Producing £10,800 Per Annum
The property comprises a mid terrace building arranged to provide a ground floor retail unit with two bedroom flat on the first floor.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities and is within close proximity to the Blyth gigaplant with contruction underway it will be the largest factory in Europe employing 3,000 people. The open spaces of Ashington Community Woodland are within easy reach. Transport links are provided by the A189 to the east.
Accommodation
Ground Floor Retail Unit G.I.A. Approximately 1,100 Sq Ft First Floor Reception Room Kitchen Two Bedrooms Bathroom G.I.A. Approximately 530 Sq Ft
Tenancy
The property is subject to a lease for a term of 6 years commencing 29th March 2022 at a rent of £10,800 per annum.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.