1. Property photo 1 of 1

£400,000

(£23.66/sq. ft)

Industrial for sale

High Market, Ashington NE63
16,908 sq. ft

£400,000

(£23.66/sq. ft)

Industrial for sale
High Market, Ashington NE63

    • 16,908 sq. ft

About this property

    Location

    The subject property is located on High Market, Ashington.

    The location offers good communication links via a the A197 direct to the A189 (Spine Road), which in turn gives access to the surrounding area both North and South.

    All local amenities and welfare facilities are located closeby along with a regular public transport.

    The surrounding occupiers offer mainly residential, with commercial, retail and leisure uses.

    Exact location is shown on the attached plan.
    Description

    The property offers a self-contained block providing a selection of showroom, workshop and offices on both the ground and first floor with additional separate rear fenced yard and three first floor flats.

    The ground floor accommodation provides two separate showrooms with glazed windows providing internal offices and WC facilities. To the rear is a large operational workshop with vehicular access via four automatic electric roller shutters providing an effective eaves height of 3.7m (Apex 6m).

    On the first-floor there is a self-contained tattoo artist studio and separate office accommodation adjacent accommodation providing cellular offices and stores with WC facilities.

    The two separate, three bed self-contained flats require extensive refurbishment but offer independent access from the main road. A third flat is accessed from the roof, but is currently bricked up (Not inspected).

    Externally to the front there is a small tarmacadam forecourt, along with a fenced and gated compound the rear.
    Accommodation

    From onsite measurements the premises provide the following Areas :

    Ground floor Shop /Showroom
    278.74m2
    Ground Floor Showroom
    457.68m2
    Office / Workshop
    421.19m2
    First Floor Studio
    65.41 m2
    First Floor Offices
    132.39m2
    Flat 1 (NIA)
    66.53m2
    Flat 2 (NIA)
    98.78m2
    Flat 3 (not inspected)
    50.10m2

    total gia: 1,570.82 M2
    (16,908 sq ft)

    total site area: 0.24 ha (0.61 acre) or thereabouts.
    Services

    It is understood the property benefits from all mains services, with exclusion of gas.
    Business rates

    It is understood the from the voa Website the site and properties have six individual rating assessments collectively amounting to :

    Rv £35,230
    The 2 flats are assessed under Council Tax Banding.
    Tenure

    The site is held under freehold title (nd 27288).

    Full details upon request.
    Price

    Our client is seeking freehold offers in the region of £400,000 (four hundred thousand pounds) – Subject to Contract.
    Energy performance certificate

    Full details upon request.
    VAT

    VAT will be chargeable at the prevailing rate.
    Money laundering

    In accordance with anti-money laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
    Legal costs

    The Purchaser will be responsible for the Vendors reasonable legal costs in connection with any transaction.
    Viewing

    By prior appointment with Frew Pain & Partners, contact:

    James E F Pain
    Tel: Email:

    August 2023

    More information

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